Purple Butterfly (Chinese: 紫蝴蝶; pinyin: Zǐ Húdié) is a 2003 Chinese film, directed by Lou Ye. It is Lou's third film after Weekend Lover and Suzhou River. It stars Chinese mainland actors, Zhang Ziyi, Liu Ye and Li Bingbing, as well as Japanese actor Tōru Nakamura. The film premiered on May 23, 2003, at the 2003 Cannes Film Festival, and was given a limited release in New York City the following year on November 26, 2004.

The film was only released in one theater in the United States (in New York City) for three weeks where it grossed $17,790.