This paper is an attempt to read some recent Malaysian and Singaporean Chinese films allegorically by resorting to such concepts as diaspora and cultural memory. Rather than conceptualizing cultural memory as a record, an archive, or a residue of the past, this paper takes cultural memory to be a phenomenon that goes beyond the individual and society, a phenomenon that strikes sparks in the imaginations of generations of diasporic people living in different countries or regions. The films under discussion may differ in style and nature. Nevertheless, they tend to conjure up the cultural memories of Chinese people in various communities, either through their songs, their images, or their stories. These films testify to the fact that the cultural meanings of borders are unproductive and that what links together Chinese living in different nations is but diasporic imagination. As symbolic capital, diaspora not only broadens the cultural imagination ignited by these films but makes possible additional dimensions of their interpretations.