The gangland bosses Hong Yan-chiu and Lefty have been buddies for many years. Now that Hong is rumored to be retiring, Lefty makes plans to take over his empire. At a lavish mob party, while Hong’s subordinates – Figo, Tall Guy and Big Lungs – prepare for a world without Hong and war with Lefty, Hong receives words that there is a plot against his life.
Elsewhere at a garish nightclub, do-or-die lots are drawn to pick a “candidate” for a big job. Yik, a taciturn young hood, whose elder brother had been killed in a gang war, sees it as his opportunity to take revenge and make a name for himself. With the help of his buddy Turbo, Yik gets the job.
HongÂ’s wife Emily has given birth to a boy, and Hong and Lefty leave the party to go to the hospital. Lefty advises Hong to immigrate to New Zealand for the sake of his wife and child. Hong counters that he has no plans to retire, and, while he knows Figo, Tall Guy and Big Lungs are plotting against him, counsels Lefty that killing and murdering whole families may not be the best policy.
The flamboyant Turbo takes Yik to a whorehouse for one final fling. Yik falls for the young prostitute Yoyo, so much so that he later on, goes out to hold up convenient stores to pay her debts, and wins her heart. In the meantime, he and Turbo visit the weapons dealer Ninth Uncle, and get themselves a magnum.
As a very confident Hong and a very touchy Lefty dine and negotiate in LeftyÂ’s tacky restaurant, their men get to work. LeftyÂ’s goons murder FigoÂ’s family and move in on Tall Guy and Big Lungs. But Hong, anticipating LeftyÂ’s every move, sends in his men and save their necks.
Turbo runs into a rival gang. The head goon Lin forces him to reveal the identity of the “candidate”. Turbo refuses and is beaten to a pulp when Yik arrives and shoots down Lin and his gang.
As Hong and Lefty continue to negotiate and reminiscence about old times inside the restaurant, Emily entices LeftyÂ’s mother to visit her at the hospital. Lefty thinks it is HongÂ’s plot to destroy him, but Hung reveals that it is Figo, Tall Guy and Big Lungs who have design on him. Lefty relents and goes with Hong to meet Tall Guy and Big Lungs.
Hong and Lefty leave the restaurant and walk down a flight of steps in the pouring rain. A gang of young hoods suddenly emerge and cut them downÂ….