Claim: The "Story of the Vulture Conqueror" (directed by Wu Pang) is a two-part Hong Kong film adapted from Louis Cha's novel The Legend of the Condor Heroes, released in October 1958 and June 1959.
Evidence: Story of the Vulture Conqueror is a two-part Hong Kong film adapted from Louis Cha's novel The Legend of the Condor Heroes. The first part was released in 1958 while the second part was released in the following year. The film was directed by Wu Pang and starred Cho Tat-wah and Yung Siu-yee in the leading roles. 
Wu Pang 23 October 1958 (Part 1)
3 June 1959 (Part 2)