There are two Hong Kong films of yore that I vouch for: He's a Woman, She's a Man (1994) and its sequel: Who's the Woman, Who's the Man? (1996). It's the first one that I rewatch, but they're both lovely. Recording industry setting, both ahead of their time in their treatment of sexuality. This song, from He's a Woman, She's a Man, won best original song at Hong Kong Film Awards. The scenes in the video are from the movie, but only the ML, played by Leslie Cheung, appears. Here's the FL:
He's a Woman, She's a Man.