Lord of Shanghai

With SIU-SHAN having someone monitor NGO-TIN's every single move every day, TOJO, on the other hand, gives a thumbs up to NGO-TIN's effort of making the East Asian Association for Peace go with a swing. Having successfully stolen the document containing the evidence on the Japanese military's development of biological weapons, SIU-DIP tries to report it to HON LAP, but suffers injuries after being attacked. HON LAP later requests SIU-LAU to look for SIU-DIP. Tailing after NGO-TIN, YUET-LAN spots him entering a hotel. SIU-SHAN gets informed by his subordinate that NGO-TIN and SIU-LAU went to the Chinese Sector earlier, making him feel so puzzled that he also has someone keep an eye on SIU-LAU. As soon as he sees NGO-TIN and SIU-LAU entering into the Yangtze Theatre respectively, he immediately charges into the theatre to search the place. Finally, YUET-LAN is losing her patience, so she decides to clarify the issue with SIU-LAU face-to-face. Dashing into SIU-LAU's home, YUET-LAN out of the blue spots NGO-TIN's presence resulting in her emotional breakdown. YUET-LAN then goes to confide her frustration to MEI-KAM, which is coincidentally overheard by SIU-SHAN. After YUET-LAN informs SIU-SHAN about NGO-TIN's surprise elopement, right away SIU-SHAN sends his men to hunt them down.

Ever since he befriended SIU-SHAN, TOJO has planned to invite all the celebrities in Shanghai to attend their Tencho Festival. Having heard this, SIU-DIP offers that she will try her best to help him. Due to the fact that the journalists who wish to cover the news of the Tencho Festival must apply for press cards, KWUN-CHIU invites TING-TING out to meet him, hoping that she is able to help him get the press card. Meanwhile, KWUN-CHIU and his fellow members attempt to investigate TOJO and his associates, so SHUN-KIT is assigned to follow SIU-DIP, but is kidnapped instead. TOJO invites SIU-SHAN to attend the Tencho Festival, and SIU-SHAN eventually agrees, after SIU-DIP's persuasion, to attend the event. Just as those from the National Liaison Office lead the troops to arrest all the Axe Gang members at once, suddenly, they run into TING-HENG and the French Concession police, during which TING-HENG interferes to help them out of trouble. Apart from instructing SIU-HONG to pass the condolence money down to TAI-FUI's family, NGO-TIN also wants KWUN-CHIU and the others to leave Shanghai immediately. As for HON LAP, as soon as he receives the employee list of the cotton mill, he orders to arrest them all within a day and won't let any of them slip by.

With the Japanese military conquering Henan and pressing on towards Shanghai, NGO-TIN requests YIU-KWONG to organise a charitable opera show for the counter-Japanese movement. Apart form that, NGO-TIN also puts SIU-HONG in charge of forming a special task force to assist the Chinese military in transportation of supplies as well as maintaining the public order. Though HOK-YIU intends to stop the movie production and leave Shanghai together with his family, SIU-SHAN instead attempts to win over the Japanese by using his relationship with TOJO as a thread. Having seen through SIU-SHAN, TOJO takes out a list of names of the counter-Japanese activists, urging SIU-SHAN to help get rid of them. YIU-KWONG is sent to the hospital after suffering injuries, so NGO-TIN has someone protect YIU-KWONG. Upon SHUN-KIT's return to Shanghai, he asks TING-TING for a favor to assemble the Axe Gang members to rise against the Japanese by using their secret code. At that moment, TING-TING finally comes to realise that SIU-HONG had a good reason for what he had done. After YIU-KWONG regains his consciousness, someone out of the blue bursts into his ward, so SIU-LAU struggles to resist the intruder. Going to her rescue, NGO-TIN even takes a bullet for her. Meanwhile, KWAI-SENG takes in a group of women and senior citizens and starts raising funds for the counter-Japanese movement. Surprisingly, she goes to seek aid from NGO-TIN as she intends to flee from the Chinese Sector. Meeting up with KWAI-SENG, KAM-TONG once again reveals his intention of getting back together with her. As for TOJO, he threatens KAM-TONG and NGO-TIN, pressuring them to submit to the Japanese military while indicating the two and SIU-SHAN are good friends.

On behalf of MAN-FONG, NGO-TIN goes to meet MAN-BUN, revealing that he knows about MAN-FONG's secret. Seeing MAN-BUN's personal apology published in the newspaper, SIU-LAU guesses it must be NGO-TIN who helped her. After NGO-TIN helps KWOK TIN-HANG collect a loan repayment from the local bully, TIN-HANG verbally promises to be the guarantor of NGO-TIN's bank, yet he later goes back on his word. With SIU-HONG suspecting that TIN-HANG is doing business with Japanese militants in secret, NGO-TIN tells SIU-HONG to probe into the matter. Meanwhile, TING-TING continues to investigate TIN-HANG, suddenly, a murder takes place. So TING-TING goes to ask SIU-HONG whether he is involved in the murder case, which SIU-HONG denies. Without any reason, SIU-SHAN urges the workers of the cotton mill to work overtime, leaving KWOK-TUNG no other choice but to try his best to quell the frustration of the workers. During the police investigation on the murder case, TIN-HANG plots to frame the accountant of the bank in an attempt to get away with the crime. As soon as the masses learn that TIN-HANG's bank is suffering financial distress, they all rush to withdraw money one after another. Meanwhile, NGO-TIN's bank is on the brink of bankruptcy and closing down.

In the wake of the ongoing exploitation of labors by SIU-SHAN, the workers, who have no one to turn to, decide to form a labor union, seeking protection of their rights. During TING-TING's investigation into the Axe Gang related murder case, she learns that they are scheming to kill SIU-SHAN. SIU-SHAN has some hitmen beat up the workers, fortunately, NGO-TIN happens to pass by and shouts to stop them, above which he even promises to probe into the matter and provide answers for the oppressed workers. Though KWUN-CHIU believes him at the moment yet he still has reservations. While praising the Axe Gang for having killed the traitor, NGO-TIN intends to befriend KWUK-CHIU, who however rejects him. Later, NGO-TIN goes together with YUET-LAN to see SIU-LAU's rehearsal, during which he spots YIU-KWONG giving a box to SIU-LAU. Having caught YEE-HUNG in the act with a film producer, NGO-TIN requests YEE-HUNG to follow him back, but YEE-HUNG refuses as she'd rather die than go back with him. HON-LAM informs NGO-TIN that KAM-TONG has been living in reduced circumstances, and his financial embarrassment makes him want to sell his Paramount. Meanwhile, KAM-TONG finds out that KWAI-SENG has already returned to Shanghai, so he attempts to lead his men to take back his assets by force, however, he is hindered by NGO-TIN. On the other hand, YUET-LAN notices that SIU-LAU has been taking the red pill.

During her interview with Director KWOK, TING-TING once again sees SIU-HONG together with NGO-TIN, so she cannot help nursing a secret grudge. Later when SIU-HONG mentions that NGO-TIN would like to recruit him as his protégé, TING-TING becomes very unpleasant. Publicly presenting himself as the big boss in the cotton mill, SIU-SHAN not only requests all of them including KWOK-TUNG to completely obey him, but also appoints one of his men called YEE as a foreman. SIU-LAU plans to leave Shanghai. Having heard this, YUET-LAN invites SIU-LAU to stay temporarily at her home, reassuring her that MAN-BUN dares not to come to NGO-TIN's home to harass her, to which SIU-LAU is very grateful. KING-CHUEN reports to NGO-TIN that Director KWOK is somewhat indirectly doing business with the Japanese. After YEE-HUNG informs KAM-TONG that she is going together with a film company owner to Tianjin to film a movie, KAM-TONG, though appears normal on the surface, has someone tail after YEE-HUNG in secret. TING-TING discovers that Director KWOK has frequent contact with the Japanese, but the owner of the newspaper she works for refuses to publish her article for fear of being the target of revenge. For promoting her next show, SIU-LAU holds a press conference but is left out in the cold as far as media coverage is concerned, which catches NGO-TIN's eye...