After being punished for getting into trouble, a mischievous young man is sent to train under a brutal, but slovenly old beggar, who teaches him the secret of the Drunken Fist.

Returning home with his father after a shopping expedition, Wong Fei-Hong is unwittingly caught up in the battle between foreigners who wish to export ancient Chinese artifacts and loyalists who don't want the pieces to leave the country. Fei-Hong must fight against the foreigners using his Drunken Boxing style, and overcome his father's antagonism as well.