Yuddy, a Hong Kong playboy known for breaking girls' hearts, tries to find solace and the truth after discovering the woman who raised him isn't his mother.

Sing, a dumb, lovable mainlander with supernatural powers comes to China to visit his uncle Tat. When it's revealed that Sing can see through objects, Tat employs him as "The Saint of Gamblers," and proceeds to set him loose in the gambling world.

Golden Lotus is based, in part, on Jin Ping Mei, a famous erotic novel of ancient China. Li Han-Hsiang adapted part of the story into this film, which starts with Hsi Men Ching, a successful merchant, wooing Pan Chin Lien, the beautiful wife of one of the townspeople.