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Xu Wenqiang (Chow Yun Fat), a student in Beiping, lost not only his lover but also his freedom in the student movement. After three years in prison, he is determined to turn over a new leaf and fight for his future. He came to the bustling city of Shanghai alone. As a newcomer, he had no friends. He met Li Ding (Lv Liangwei), a poor pear seller, and they became friends. Xu Wenqiang finds her old classmate and Shanghai socialite Fang Yanyun (Lin Jianming). With the help of Fang Yanyun, Xu Wenqiang began to join the Shanghai mafia, and with his resolute and brave style, he eventually became the leader of one side in a rebellion. Xu Wenqiang, who has achieved something, never forgets his old feelings and invites Li Ding to join his company and become his right-hand man. Feng Jingyao (Liu Dan), a tycoon in the French Concession, takes a fancy to Xu Wenqiang's talent and wants to keep it for himself, while Xu Wenqiang wants to open up a world by himself. Although he is unwilling, he still keeps close contacts with Xu and Ding and becomes close partners. Feng Chengcheng (Angie Chiu), the daughter of Feng Jingyao, returned from studying in Beiping and was taken hostage by a killer at the railway station. Xu Wenqiang tactfully resolved the crisis and won the beauty's heart. Feng Chengcheng was obsessed with Xu Wenqiang and took the initiative to associate with Xu Wenqiang. However, Xu Wenqiang was so absorbed in her career that she didn't want to talk about her children, so their relationship was at arm's length.