A New York City businessman meets a window washer hoping to commit suicide and decides to market his grief to the highest bidder in this acidic satire on American capitalism, one made even more memorable by the fact that the entire “American” cast are Chinese actors in whiteface. The greedy Mr. Butler (Shi Hui) convinces the suicidal “Charley” that he might as well endorse some cigarettes as he jumps out of his office window, and maybe wear a particular suit too. A true cinematic oddity, this Korean War–era propaganda piece is a satire that Frank Tashlin could envy.
Da Xiang, a girl whose father died early, was deceived and sold to a brothel, and her desperate mother chose to commit suicide. Now a prostitute, she faces a tortuous life.
A street-wise and tough orphan called Maverick is arrested for a petty theft and sent to an orphanage, but succeeds in concealing a watch he had stolen from an old shopkeeper just before his arrest. At the orphanage, he is recruited by a crooked warder for further and more serious crimes. But when two more children are admitted to the orphanage -- a boy called "Fatty" and a girl called "Little Mouse" -- he makes the first friends he has ever had. But when Maverick learns the girl is the granddaughter of the old shopkeeper he stole the watch from, and what ruin it brought to her family, he has a crisis of conscience.
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.
