Island 香島 Early1960s.jpg

This film about Madam White Snake was made in Japan, starring 李香蘭 (Shirley Yamaguchi Yoshiko) and 池部良 (Ryo Ikebe).  The HK Film Archive says it was released in Japan on 22nd June 1956, but in Hong Kong, the Cantonese version was released only in May 1957 (http://ipac.hkfa.lcsd.gov.hk/ipac/cclib/search/showBib.jsp?f=e&id=65537773068805).

As for the version that OldTimer saw before leaving Hong Kong, could it be the Mandarin production in 1962? (Link: http://ipac.hkfa.lcsd.gov.hk/ipac/cclib/search/showBib.jsp?f=e&id=65537197811205)

And for the smaller poster just above the person, it shows the next film coming up and says the name is "神龍降妖定江山".  I am singularly unable to find it in the HK Film Archive.  However, google directs me to a series of advertisements in a Chinese language newspaper published in Vancouver, Canada in January 1965.  Some theatre was showing it at that time.  I surmise that this Canadian theatre was probably showing an old film.  The following is the screen capture from the Simon Fraser University Library: 

Interestingly, in the advertisement it says "中日明星  粵語對白" (Chinese and Japanese actors, Cantonese dialogue).  I don't know if it refers to this film or not, but it would certainly be a true description of Madam White Snake.  This makes me curious whether this Island Theatre specialises in showing Japanese productions.   

breskvar

I found this one. It says 神龍降妖定江山 (CLAN REVIVAL  新諸国物語 笛吹童子) was shown in 1957 in Hong Kong.

https://playitagain.info/site/1957/clan-revival/

IMDB database:

https://www.imdb.com/title/tt6016874/