In 1862, a young Jew from Calcutta named Emanuel Belilios leaves his dutiful wife Semah and sets sail for Hong Kong to make his fortune in the opium trade. There, he grows into a prosperous and respectable merchant, eventually falling in love with his Chinese business partner's daughter Pearl, a delicate beauty twenty years his junior. As a wedding present, he builds for her the most magnificent mansion in Hong Kong. Then Semah arrives unannounced from Calcutta to take her place as mistress of the house...and life will change irrevocably for all of them.
