铁板红泪录

The first Chinese sound film. It tells the story of Hong Pion (Red Peony), a singer-songwriter who, after her marriage to the depraved Faxiang Chen, not only tormented and suffered, but also endured the decline of her artistic career.

The New Year's Gift is the story of some lucky money gifted to a girl. It then leaves her and passes from hand to hand.

A hostess in Shanghai invites her secondary schoolmates to a reunion. They each reminisce about their lives, with some having difficulties in marriage or career. Some led destructive lives, while others contributed to the country.

Lady Windermere's Fan, Oscar Wilde's play on moral values, is adapted for a setting in Shanghai. Young wife Meilin mistakenly believes her husband is having an affair with a social butterfly and decides to leave for a suitor. Her reputation, about to be ruined because of a misplaced fan, is saved by the social butterfly who turns out to be …Unlike typical Chinese scripts on parental love, the understated familial love in the original play is aligned with Li's preference for the undramatic. Motherly love is portrayed indirectly while emotions run strong yet subdued in the film. Poking fun at social culture of the times, this is Li's earliest extant feature film in a modern setting and a showcase of his modernistic and crisp directorial approach.

The daily life of ordinary people of Shanghai apartment building: an unemployed person who tries not to lose face by concealing the loss of his job, a singer without an audience, a driver, a teacher, but also the owner of the building and his prodigal son.