This clip is from the 2020 Chinese film 征途, starting at 1h01m15s. The English title of this movie is Double World.
Here is the introduction of the plot from the movie's Wikipedia article:
In the fictional Central Plains continent, the kingdoms of Southern
Zhao and Northern Yan have been locked in a fierce conflict. An
assassination attempt on the King of Southern Zhao reignites the war.
However, Southern Zhao is lacking a Field Marshal. At Grand Tutor
Guan's suggestion, a tournament is held to find a new one, with each
of the eight clans of Southern Zhao sending three warriors to compete.
The scene in question takes place during the second challenge of the tournament, which is to steal an egg from the lair of the Beast King.
Currently (January 2023) it is available to watch on Netflix and on YouTube.