The history of this restaurant is closely intertwined with the stories of four women of different generations. It portrays the commonest marital problems and various kinds of stress suffered by women over the centuries. In the late Qing Dynasty – NGAI YU-FUNG (SHEH, CHARMAINE)’s family goes into a decline and, without a choice, she is married off to WONG YUK-LUN (CHAN KIN FUNG, SAMMUL) who later ends up losing all his money. FUNG sells the love token given by her first lover YU TSZ (MA TAK CHUNG, JOE) in exchange for money, with which she sets up the Phoenix Restaurant. During the May Fourth Movement – FUNG’s daughter WONG CHI-KWAN (also played by SHEH, CHARMAINE) elopes to Tianjin with her teacher LEE KAT-CHEUNG (also played by MA TAK CHUNG, JOE). The pair finally split up, following which KWAN moves back to Beijing and the Phoenix Restaurant is already dying on its feet.