Abstract: Folk legend is an art narrative that shows the spiritual world of the people in an oral form. There are a lot of legends with characteristics about Yang Shen in Yunnan, Sichuan and other places. They include interesting episodes of his early youth, extraordinary talent as the "Number One Scholar", the journey in Southern Sichuan and anecdotes in Yunnan, etc. With the characteristics of narrativity, emotionality and nationality, these legends are of great significance in emotional catharsis and multi-ethnic cultural exchange, etc.