Events in a brothel in HK in the 1920s, concerning several sets of characters. There's a group of businessmen who try to outdo each other, to their eventual financial ruin. There's young Mr Chan who has a rich father, and who is adored by two sisters (Sim and Nan) who are sold to the brothel. There's a beauty contest, the winner being the one who raises the most for charity, who then sleeps with the winner, but the winner is Kwai Piu Heung, who has hated men ever since she was screwed sore by the bane of HK whores, Master Ma. Loads of nudity and sex scenes with a number of very pretty girls.