This is the July 1928 edition of the North-China Desk Hong List for Shanghai. It contains Shanghai Hong List (business directory) and Who's Who, but it does not have the Street Directory and the Residential Directory (until 1929, they were only included in January editions). I might upload the January issue for 1928 some time later. The 372-page PDF has navigation in the Bookmarks panel.
Uploaded Hong Lists:
1924 Hong List (Shanghai Street Directory only)
1925 Hong List (all of Shanghai)
1926 Hong List (all of Shanghai)
1927 Hong List (all of Shanghai)
1928 Hong List, July edition (only Shanghai business directory)
Top image: Vogue 巴黎, the Parisian novelties store, which opened on Bubbling Well Road, at the corner of Seymour Road, in May 1928.