Random Asian Kung-Fu movie w/ elemental control

Okay I have been racking my brain and making countless Internet searches to no avail. I saw this movie when I was pretty young back in the early 90’s. I don’t remember the plot but I do remember there was a guy who could control water. At one part in the movie he loses his arm (or a piece of it) and starts to manipulate the blood just as he did with the water. I recall him fighting against other people who had elemental control too. One guy could control air I think. Please help. I only saw it on tv once and my memory is obviously not very good. Hope this helps you help me! Thanks!

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