公元960年，因宋太祖赵匡胤被弟弟太宗害死，冤魂上天庭，玉帝（曾江 饰）降旨令赤龙婆助辽，因宋气数未尽，又遣诸星挺宋。吕洞宾（周润发 饰）跟汉钟离怄气，违抗天意。国丈潘洪横行霸道，杨家满门忠烈，父子八人战功卓著。杨业寿诞之日，杨六郎（刘德华 饰）偶遇柴郡主（刘嘉玲 饰） ，一见钟情，却引潘家嫉妒。后者借皇妃之口逼婚，幸好八贤王（汤镇业 饰）及时化解，以抛绣球招亲。几经波折，最终，六郎抱得美人归。潘家怀恨在心，暗通辽国。此时，辽军犯境，潘洪不愿其子作先锋，为此摆下擂台。潘家仗势欺人，引得七郎（梁朝伟 饰）登台，打死潘豹。潘顺势状告杨家满门抄斩，经调停，最终潘洪挂帅，杨家为先锋，征辽。路上遇贼人打劫，七郎阴错阳差与女扮男装的贼人成亲。辽宋和谈，结果却中了潘洪与萧太后设下的毒计……
1985年11月TVB台庆大戏，导演杜琪峰，明星多达50余位。

Tung is a street cop in Hong Kong who's friends with a Triad named Fai. Fai hires a hit man to murder a business rival; the hit goes wrong and Fai, implicated in the incident, goes on the run.

Kenichi is a half-Japanese, half-Chinese man of the underworld. You can sell him anything except children's organs. His domain is in Kabukicho, a gangland controlled by various Shanghai gangs intent on taking control. His former partner-in-crime, Fu-Chun, is rumored to have returned to Kabukicho, having fled years earlier after killing the number two of gangland boss, Yuan. Yuan wants to get even and attempts to do so by using Kenichi.

Chow Sing Sing returns, only this time he doesn’t go back to school. Instead, Chow goes undercover as the husband of a wealthy socialite, which doesn’t sit well with his fiancée, who tries to convince Chow to quit working as undercover.