What little I thought I knew was that the mystical hidden city of K'un-L'un trained warriors that as rite of passage would fight a dragon and get a certain Chi power if they won. Danny Rand did this and using the power fighting bad guys gets him the name "Iron Fist".
It's suspected by many viewers Gao is the Crane Mother, a character from that whole mystical realm, because she stamped the drugs with the symbol of another character, the Steel Serpent.
To my knowledge the Hand and the Chaste are separate from that. Gao does not seem to be allies with the Hand (unless she's just at odds with Nobu) or with the Chaste.
Of course the Chaste might have some connection to K'un-L'un with the whole "when the doors open".
Also, this: http://www.imdb.com/board/bd0000130/nest/263626706
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