Following Wong Jing’s Chasing the Dragon and Philip Yung’s Where the Wind Blows, Felix Chong’s financial thriller The Goldfinger (金手指) is the latest in a series of Hong Kong films revolving around colonial-era corruption in which the apparent lawlessness of the pre-Handover society allowed crime to flourish along with a nascent greed nurtured by the island’s rising prosperity as an increasingly important financial centre. In an ironic touch, the film even opens with mass protests against the introduction of ICAC with protestors calling for more respect for law enforcement officers while implying some dark authoritarian force is in play even as angry policemen demand the right to immunity from their own misconduct.
In any case, what arises is a cat and mouse game between wily conman/entrepreneur Henry Ching (Tony Leung Chiu-Wai) and ICAC investigator Lau (Andy Lau Tak-Wah) who chases him for 15 years trying to expose his web of financial fraud. A failed businessman on the run from debt having supposedly abandoned an idealistic desire to build homes for people, Ching arrives in Hong Kong seeking a land of opportunity and largely finds it though through dubious means. Teaming up with similarly embittered businessman KK (Simon Yam Tat-Wah), who is resentful towards his family who treat him with disdain for being a mistress’ son and force him to do their dirty work, to build a giant real-estate based empire that is in reality rooted in complex financial fraud.
Working on the rationale that stocks can be spent like money, Ching makes contacts and manipulates markets which is all very well as long as no one asks for the cash because it doesn’t exist. Chong hints at the realities of the housing market in Hong Kong today in which land is at a premium and apartments largely unattainable as Ching alternately allies with and subverts British rule to build a property empire, setting his sights on acquiring prestigious Golden Hill building as symbol of a new Hong Kong and his own hubristic desire for personal success. With shades of Wolf of Wall Street and The Great Beauty, Ching attends soirees organised by the British and puts on a show for his targets. In his attempts to woo a British bank, his office is suddenly invaded by salsa dancers and gold glitter falls from the ceiling much to the chagrin of a bemused and increasingly mistrustful KK.
Even so the title of the film is echoed in a comment Ching makes to Lau that though he may thinks he’s some genius with the Midas touch he’s really just a patsy, pushing him to investigate possible international conspiracy that is bigger than either of them. Ching has already become a legend with a series of stories about how he made his stake money which range from running into Imelda Marcos in a shoe shop and getting backing from the oppressive regime in the Philippines, to narrowly escaping a war zone and catching a CIA spy in Moscow. He even has the hutzpah to attempt to bribe Lau by offering him a vast fortune and a scholarship for his daughter to study abroad if only he’d find a way to nix the case.
The corruption is indeed embedded, as is obvious when a judge with a posh British accent actively welcomes Ching to the court in a friendly manner and suggests they conduct their business swiftly to avoid any unnecessary turmoil to the Hong Kong economy. Friends in high places largely assist him, whether through personal greed or blackmail though as another of his associates admits, in the end there is no real loyalty among thieves only increasing fear and desperation along with resentment that Ching seems to be taking more than his fair share of the loot. Loosely based on the Carrian Group scandal, the film never loses sight of the damage one man’s greed and duplicity can do as millions of Hong Kong citizens find themselves out of pocket and uncompensated when the shares they bought become worthless, but equally suggests that in the end justice will always be denied to ordinary people while men like Ching will never fully pay for their crimes. With gorgeous production design, Chong beautifully the woozy world of Hong Kong in the ’70s and ’80s amid an intense cat and mouse game of financial fraudsters and a compromised authority.
The Goldfinger previews from 30th December ahead of opening in UK cinemas 5th January courtesy of CineAsia.
UK trailer (Traditional Chinese / English subtitles)