Four students in Shanghai have recently finished university. All are unemployed. Xu contemplates suicide but his friend Zhao talks him out of it. Zhao lives in a shabby room with just a flimsy wall of planks separating him from the room behind. Miss Yang, in town to take a factory job, moves in behind. Her nails into the wall knock Zhao's photos down. The unseen neighbours start playing tit for tat... Zhao gets a job as proofreader at a newspaper. He sees that pretty girl on the tram to work every day. He doesn't know her, but it's Miss Yang... Zhao is assigned to cover labour conditions for the paper. He is sent to a factory, the one where Miss Yang works...

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.

Probably the most sheerly entertaining of all the films made in 1930s Shanghai by 'underground' leftists, this riff on The Prisoner of Zenda is funny and engaging from first to last. The irresistible Yuan Muzhi (director of Street Angel the following year) plays both Li Tao, a revolutionary on the run, and Liu Yuanjie, an American-Chinese teacher visiting China with his fiancée. Liu is mistaken for Li and thrown into jail; Li teams up with the fiancée (Chen Bo'er, Yuan's real life wife) to get him out of prison and into the spirit of revolution. Ying Yunwei (who started out playing female roles in Chinese opera) uses chiaroscuro lighting, highly mobile camerawork and zippy pacing to give it maximum impact, but it's Yuan who really keeps you watching.