Once Upon a Time in China V is a 1994 Hong Kong–Chinese martial arts action film written and directed by Tsui Hark.

The film is the fifth installment in the Once Upon a Time in China film series, with Vincent Zhao reprising his role as Chinese martial arts master and folk hero of Cantonese ethnicity Wong Fei-hung after taking over the character from Jet Li in Once Upon a Time in China IV.

Wong and his companions decide to form a local crime prevention force to deal with the threats, leading to three confrontations with the pirates and eventual victory for the protagonists.

Wong and his family decide to settle in Hong Kong to help the local government maintain peace and security.

Despite receiving more positive reviews than Once Upon a Time in China IV, the fifth in the series performed poorly at the Hong Kong box office, grossing only HK$4,902,426.