In the evolution history of Chinese modern novels, ”Flowers of Shanghai” (《海上花列傳》) written by Han Ban-qing (韓邦慶) was one work of a high order in ”courtesan novels” (狹邪小說) during the late Qing dynasty. When late Qing dynasty was at the time of era change, ”Flowers of Shanghai” the book in circulation and publication has its special significance of era. However from always about ”Flowers of Shanghai” in discussion obviously, people crave the explanation on theme content, but neglect the analysis on skillful form. The whole results still reveal the insufficiency in the inquisition of the aesthetics of novel. Based on the above cognition, I will enquire the narrative of ”Flowers of Shanghai”, and provide individual interpretation in the discussion.