In the years after the Revolution that overthrew the Qing Dynasty in China and established the republic, China broken up into fiefdoms held by warlords, who are busy fighting each other. A lieutenant is using magic to scare convicts into joining a warlord's army.
In the early 1920’s, on the streets of Beijing, the nation’s most talented performers have gathered to show off their most spectacular skills. One day, a challenge is set: 50 silver dollars to whoever can reproduce the incredible magic trick “Eight Immortals’ Treat”. Zhang Xian appears amidst the waiting crowd and decides to try his hand at it.