China 1839. Because the British imports of opium into Southern China are creating such widespread medical and economic problems, the weak Manchu emperor Tao Kuang is forced to take action that precipitates the 'Opium War'.
At a Shanghai apartment, Mr Hou, a Nationalist official, gets ready to move to Taiwan upon the imminent defeat of the KMT during the Civil War. Mrs Hou gives an ultimatum to the rest of the tenants to move out on behalf of her husband, who is the "owner" of the flat and who is now planning to sell it. From the conversations with the rest, we find out that Hou has been a Hanjian during the Sino-Japanese War and that he has since taken over the apartment by force from the old landlord, Mr Kong. The tenants, including Mr Kong, Mrs Xiao, Little Broadcast (alias Mr Xiao, played by Zhao Dan) and a schoolteacher, Mr Hua, and his wife, initially plan to band together, but circumstances force them to find other ways out. Mr Hua tries to find a place to stay at the KMT-sponsored school he is teaching in. Little Broadcast and Mrs Xiao invest in black market gold. As the situation escalates, Mr Hua gets arrested by KMT agents and his young daughter falls desperately ill.
This tale of familial warfare and sacrifice takes place in hard-pressed Shanghai at the end of the 1940s. Hu Zhiqing can barely support his wife and children, and his situation is worsened by the unexpected arrival of his mother, brother and sister-in-law. When he is fired by his unscrupulous boss, the whole family becomes embroiled in one emotional/economic struggle after another.