Ohh, I was trying to remember what movie you were asking about since it sounded so familiar. I have that movie in hmong dubbed too and looked it up~ it's called: Passionate Dream (Jian Ba Tian Xia/劍霸天下), made in 1992.
Off topic, but liked Vincent Jiao's character a lot more than Alexander's~ even if Vincent was the baddie/villian. His character growth and story was so much more interesting.
BTW, if anyone wants to catch it in mandarin with eng subs, see: http://v.youku.com/v_show/id_XMTQ1NzA4NDY4.html