As the Oscar transfer process has been underway for several weeks, rumors have started to surface about who will be receiving the awards and which films will be up for consideration. The latest news comes from Shanghai, where it was revealed that the Oscar transfer process is already well underway.

According to reports, the Chinese government is working closely with the Academy of Motion Picture Arts and Sciences (AMPAS) to ensure that the transfer process is as transparent and fair as possible. This includes ensuring that all eligible films are properly vetted and that the process is conducted in accordance with international standards.

One of the most interesting developments is that several films have already been announced as being up for consideration. These include "The Shape of Water," "Moonlight," and "La La Land." While these films may not be household names in the United States, they are widely regarded as some of the best movies of the year in China.

Another interesting aspect of the Oscar transfer process is that it appears to be happening in secret. Unlike previous years when the Oscars were held in Hollywood, this year's ceremony will take place in London, and the transfer process will also be taking place outside of the US.

Overall, it seems that the Oscar transfer process is going smoothly so far, and we can expect more updates on who will receive the awards in the coming days and weeks. Whether or not these announcements will translate into wins for American films remains to be seen, but one thing is certain: the Oscar transfer process is sure to bring out the best in both American and Chinese cinema.