The Legend is a martial arts action-comedy that does not feature any identifiable LGBTQ+ characters or themes. The narrative centers on traditional wuxia elements, family dynamics, and a heterosexual romantic subplot, resulting in no portrayal of queer identity.

The film 'The Legend' does not feature any identifiable transsexual characters or themes. A female character temporarily cross-dresses as a man for a martial arts competition, but this is a plot device involving disguise rather than gender identity, thus no transsexual depiction is present.

The film adapts the well-known Chinese folk hero Fong Sai-yuk. All major characters, including Fong Sai-yuk and Miu Tsui-fa, retain their historically and canonically established genders. A character's temporary gender disguise within the plot does not constitute a gender swap.

The film "The Legend" (1993) is a Hong Kong martial arts film based on the Chinese folk hero Fong Sai-yuk. All major characters, including Fong Sai-yuk, are portrayed by actors of Chinese descent, consistent with their historical and canonical racial background. No character established as one race is depicted as a different race.