The Storm Riders (1998)

aka Fung wan: Hung ba tin ha
Director: Wai-keung Lau
Genre: Action | Adventure | Fantasy
Country: Hong Kong
Language: Cantonese
Runtime: 128 min
Starring: Aaron Kwok, Ekin Cheng, Sonny Chiba, Kristy Yang, Shu Qi
Plot: An evil warlord takes in 2 students (Wind & Cloud) in an effort to become invincible so he can take over the world.

http://www.imdb.com/title/tt0165499/
http://en.wikipedia.org/wiki/The_Storm_Riders

Synopsis:
Wind and Cloud are two young boys endowed with incredible hidden powers. The ruthless Lord Conquer has learned in a prediction that his fate will be affected by them, so he kills their parents and raises Wind and Cloud with his own children. Wind and Cloud's superhuman powers manifest themselves as mighty forces of nature and as they grow, their domination of China is assured; but it's the...

Followed by: The Storm Warriors 2009