The police arrest a man climbing over the wall of a cemetery after midnight. He claims that he is being blackmailed and is following instructions he received by mail to leave $1000 on a certain grave. It turns out that he's not the only one who got a blackmail letter from the same person--calling himself "The Black Panther"--and it also turns out that all the recipients are connected to an opera company.
A member of the Red Peony troupe, singer Tang Pei Hua (Yeh Feng) is renowned for her beautiful voice and appearances. Her beauty, however, invites the unwanted attentions of cruel and lecherous warlord Cao Lin (Zeng Mei). In order to escape Cao's grasp, Tang and her lover Lin Ke Qiang (Chin Han) decide to run away to the south where they can live freely. But their plan is uncovered by Cao, and Lin gets captured. In order to save Lin, Tang must sacrifice herself and entertain Japanese guests at a banquet, throwing herself into danger's way.
The young adult life of Hong Yunsheng, nicknamed Little Brother, is seen as somewhat of a failure by those that know him. A Chinese national, he stowed away on a boat to the United States, where he worked as a dishwasher in the restaurant of a family from his hometown back in Fujian province. After two years in the States and after fathering an illegitimate child there named Fusheng, the child's mother Xuhui who is the restaurateur's daughter, he was deported back to China. Since, he has been floundering in life, which has caused a rift between himself and his older brother, who, with his wife, operate a street front diner and can't have children of their own. Little Brother relies on his new girlfriend, a woman he barely knows named Wu Ruifang who is a performer in a touring opera troupe, for emotional support. Despite Little Brother being the local poster boy for not stowing away, his friend named Monkey tried to do the same, but died on the voyage over due to exposure to toxic ..
A Cantonese opera company is attacked by an army of ghosts, thanks to a feud between the dead grandfathers of one of the company's actresses and a young man.
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