
The Goldfinger
Set in the 1980s, the film depicts cut-throat machinations between Hong Kong's jostling business elites amidst the backdrop of the tail end of British colonial rule. It tells the story of the rise and bust of a fictional Hong Kong company called Jiali Group, following the travails of its chairman Cheng Yiyan through 15 years of investigations by the Independent Commission Against Corruption as murders are committed, billions in market value evaporate and millions are spent on litigation fees.
The film box office disappointment against its mid-range budget of $45.0M, earning $6.1M globally (-86% loss). While initial box office returns were modest, the film has gained appreciation for its innovative storytelling within the action genre.
7 wins & 18 nominations
Plot Structure
Story beats plotted across runtime


Narrative Arc
Emotional journey through the story's key moments
Story Circle
Blueprint 15-beat structure
Arcplot Score Breakdown
Weighted: Precision (70%) + Arc (15%) + Theme (15%)
The Goldfinger (2023) demonstrates deliberately positioned story structure, characteristic of Felix Chong Man-Keung's storytelling approach. This structural analysis examines how the film's 15-point plot structure maps to proven narrative frameworks across 2 hours and 6 minutes. With an Arcplot score of 7.3, the film balances conventional beats with creative variation.
Structural Analysis
The Status Quo at 2 minutes (1% through the runtime) establishes Hong Kong in the 1980s economic boom. Cheng Yat-kit establishes himself as a cunning entrepreneur, showcasing the glittering world of real estate and finance that defines the era.. Significantly, this early placement immediately immerses viewers in the story world.
The inciting incident occurs at 16 minutes when Cheng Yat-kit's Carrian Group faces its first major scandal as irregularities are discovered. The house of cards begins to show cracks, attracting the attention of law enforcement and competitors.. At 13% through the film, this Disruption is delayed, allowing extended setup of the story world. This beat shifts the emotional landscape, launching the protagonist into the central conflict.
The First Threshold at 32 minutes marks the transition into Act II, occurring at 25% of the runtime. This demonstrates the protagonist's commitment to Cheng makes the active choice to commit to an even larger fraud scheme to cover his losses, fully embracing criminality. There is no turning back from this decision., moving from reaction to action.
At 63 minutes, the Midpoint arrives at 50% of the runtime—precisely centered, creating perfect narrative symmetry. Significantly, this crucial beat False victory: Cheng appears to successfully navigate the investigation and his empire reaches its peak. He seems untouchable, but the audience knows the stakes have been raised and the fall will be greater., fundamentally raising what's at risk. The emotional intensity shifts, dividing the narrative into clear before-and-after phases.
The Collapse moment at 95 minutes (75% through) represents the emotional nadir. Here, The Carrian Group collapses spectacularly. A key associate dies under mysterious circumstances, providing the "whiff of death." Cheng's empire crumbles and arrests are made. Everything is lost., indicates the protagonist at their lowest point. This beat's placement in the final quarter sets up the climactic reversal.
The Second Threshold at 101 minutes initiates the final act resolution at 80% of the runtime. The trial begins. New evidence and testimony provide clarity on the full scope of the fraud. Both Cheng and Lau understand that justice will now take its course., demonstrating the transformation achieved throughout the journey.
Emotional Journey
The Goldfinger's emotional architecture traces a deliberate progression across 15 carefully calibrated beats.
Narrative Framework
This structural analysis employs systematic plot point analysis that identifies crucial turning points. By mapping The Goldfinger against these established plot points, we can identify how Felix Chong Man-Keung utilizes or subverts traditional narrative conventions. The plot point approach reveals not only adherence to structural principles but also creative choices that distinguish The Goldfinger within the action genre.
Felix Chong Man-Keung's Structural Approach
Among the 2 Felix Chong Man-Keung films analyzed on Arcplot, the average structural score is 7.0, reflecting strong command of classical structure. The Goldfinger represents one of the director's most structurally precise works. For comparative analysis, explore the complete Felix Chong Man-Keung filmography.
Comparative Analysis
Additional action films include The Ministry of Ungentlemanly Warfare, The Bad Guys and Lake Placid. For more Felix Chong Man-Keung analyses, see The Lost Bladesman.
Plot Points by Act
Act I
SetupStatus Quo
Hong Kong in the 1980s economic boom. Cheng Yat-kit establishes himself as a cunning entrepreneur, showcasing the glittering world of real estate and finance that defines the era.
Theme
A colleague warns about the dangers of unchecked ambition: "In this city, greed can build empires or destroy everything." This establishes the film's central theme about the corrupting nature of wealth and power.
Worldbuilding
Introduction to 1980s Hong Kong's financial world, the major players, and the rapid economic expansion. We meet investigator Lau and see Cheng's rise through increasingly questionable business practices and schemes.
Disruption
Cheng Yat-kit's Carrian Group faces its first major scandal as irregularities are discovered. The house of cards begins to show cracks, attracting the attention of law enforcement and competitors.
Resistance
Investigator Lau begins building his case while Cheng scrambles to cover his tracks. Cheng debates whether to come clean or double down on his schemes. Advisors and associates offer conflicting counsel.
Act II
ConfrontationFirst Threshold
Cheng makes the active choice to commit to an even larger fraud scheme to cover his losses, fully embracing criminality. There is no turning back from this decision.
Mirror World
Development of the cat-and-mouse relationship between Cheng and Investigator Lau. Lau represents the moral counterpoint to Cheng's corruption, embodying justice and integrity.
Premise
The full exploration of the financial empire's operations. Elaborate schemes, manipulation of stock prices, and the high life of 1980s excess. The promise of a crime thriller fully realized with intricate plot machinations.
Midpoint
False victory: Cheng appears to successfully navigate the investigation and his empire reaches its peak. He seems untouchable, but the audience knows the stakes have been raised and the fall will be greater.
Opposition
Investigator Lau closes in with mounting evidence. Cheng's associates begin turning against him. The financial markets shift, and maintaining the fraud becomes increasingly difficult and desperate.
Collapse
The Carrian Group collapses spectacularly. A key associate dies under mysterious circumstances, providing the "whiff of death." Cheng's empire crumbles and arrests are made. Everything is lost.
Crisis
Cheng faces the consequences of his actions in custody. Dark reflection on the cost of greed and the lives destroyed. The weight of his crimes becomes undeniable.
Act III
ResolutionSecond Threshold
The trial begins. New evidence and testimony provide clarity on the full scope of the fraud. Both Cheng and Lau understand that justice will now take its course.
Synthesis
The legal proceedings unfold, revealing the complete truth. Sentences are handed down. The film resolves the fates of all major characters and shows the aftermath of Hong Kong's largest financial scandal.
Transformation
Final image mirrors the opening but shows the transformation: the glittering city remains, but Cheng is imprisoned, his empire destroyed. A cautionary tale about the price of unchecked ambition.




