Have you noticed that the same directors of the 1999 original, Oxide Pang Chun and Danny Pang, are also directing this one? They also wrote both of them! Interesting, because this rarely happens. Foreign films, even good ones, do not pull audience in the U.S. But, good ones are often remade for a larger general audience with big budgets, and this is just such a case. But again, what makes this one different, is that the same director/writers are in charge.
With a good story and a proven success as the backdrop, it will be interesting to see how well this take will do.