 In 1949, the Kuomintang moved the gold and money they stored in the Bank of Shanghai to Taiwan, perhaps in preparation for their great exodus out of the mainland.In the same year, nearing the end of the Chinese Civil War, people predicted that the Communist Party of China had better odds of winning the war.With this in mind, the film was produced describing a story set in Shanghai in 1948––particularly the Nationalist-controlled regions of the city.