Magnet Releasing has debuted the trailer for The Sorcerer and the White Snake, the new film from director Ching Siu-Tung. Check it out in the player below, courtesy of iTunes Movie Trailers.

Jet Li, Shengyi Huang and Raymond Lam star in the fantasy film, based on an old Chinese legend about an herbalist who falls in love with a thousand-year-old White Snake disguised as a woman. Li stars as a sorcerer who discovers her true identity and battles to save the man's soul.

The Sorcerer and the White Snake hits VOD and iTunes January 3 and will open in theaters February 8, 2013.