In 1920s Shanghai, hero Chen Zhen single-handedly avenges his mentor’s death by killing all the Japanese at a dojo in Hongkou. Now, years later, Chen Zhen, who is believed dead, returns in disguise to infiltrate a criminal empire and to dismantle the evil collusion that plagues the country.
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Stylistically, it's a bit all over the place and once again the anti-Japanese sentiment is over the top - but if you want to see a 47-and-still-fit-as-hell Donnie Yen kick a bunch of ass in a Kato mask, then this is your movie.
If Batman and Captain America and Sleeping Dogs were all combined into a quasi-historical fiction film starring Chinese Tom Cruise (who usually does better) who does a decent Bruce Lee impression, it would be OK.