In late 1989, angered by comments made by Liv Ullmann about Hong Kong's treatment of Vietnamese refugees, Rubie composes a letter to the actress. Passages from the letter are revealed throughout the movie as Rubie, her friends, and family come to terms with the impending handover to China, and decide whether to remain in Hong Kong or emigrate abroad

A poet named Butterfly and her friend Kuen visit a stranger's mansion to return some possessions that were unintentionally taken. At the house, they stumbled upon an illegal weapons trade that ultimately went bad. To evade the police from interrogations, the two innocent witnesses wiped away their fingerprints and left a note that stated that the crimes were committed by "The Black Rose," who is known to be a fictional hero in a 1965 movie. However, a recovered fingerprint caused Kuen to be the prime suspect, and the apprentices of the Black Rose, apparently a real hero whose legacy was portrayed in the 1965 movie, attempt to seek the truth in the matter by confronting Butterfly.

The result of a top secret project spearheaded by the Chinese government to create the ultimate soldier, Agent Nieh Ling (Khan) possesses superhuman strength and agility. She's also the only test subject that doesn't go insane as a result of the experiments she's subjected to, so when three of her fellow operatives embark on a rampage of violence in Hong Kong, Ling is dispatched to take them out. After a freak accident erases her memory, the super soldier is taken in by a wisecracking cop and his girlfriend, who nickname their high-kicking new pal "Chun Li." The suddenly-carefree Ling begins to enjoy the lighter side of life, but when her deadly targets surface, Ling and her new friends find themselves in the fight of their lives.

Developer Tsang Siu Chi and his agent have bought two of a group of four properties. Rival developer Boss Hung has secured the other two. Both aim to buy all four so they can knock them down and build hotels.

"Rainy Night Butcher" Lam Gor-Wan, a night shift taxi driver who dismembers prostitutes by day in his family's tiny Tsim Sha Tsui apartment without arousing suspicion, until he delivers a roll of film containing pictures of his latest trophy to a local photography shop.