Nü er jing

I am assuming that this is the film listed on the Internet Archive as "Bible for Girls", which has the same director and release date.

This two and a half hour long film in a language in which only "Hallo" and "Hi" were understandable was somewhat challenging, and I have no real idea of what was going on. A young, smartly dressed couple in an expensive looking art deco apartment with traditional Chinese trimmings welcome a number of guests, mostly attractive young women in expensive outfits. An elderly man, dressed traditionally and sporting a beard, also arrives. Each of the women then tells a story: the wife who steals her husbands money (I wasn't sure whether she might be being paid for services rendered); the wife who gambled away all the family wealth; the wife whose husband contracted TB (presumably, since he coughed blood onto his handkerchief); the wife of the gangster (the car chase through the empty fields surrounding Shanghai was decently done, as was the shoot-out). From time to time the elderly gentleman commented. Having got their problems off their chests, everybody happily goes onto the balcony to watch a parade: from the lights on the buildings, it seemed like Christmas. Although long-winded and wordy, there was some decent acting and some very effective camera-work. This was a lifestyle which was soon going to come to an end.