After his wealthy family meets a tragic fate while on expedition in China, a young Daniel Rand is adopted by the people of the mystical lost city of K'un-Lun, where he's taught a magical fighting style. Returning to New York City after being missing for years, Rand fights against the criminal element corrupting New York with his incredible kung-fu mastery and ability to summon the awesome power of the fiery Iron Fist. Based on the Marvel comic books.