Uokura is not cheap, but quality and freshness is excellent! I've tried their assorted sashimi platter which is soooo good! And the steamed snow crab has a very distinct, but delicate flavor.
Their location in the Sinan Mansions is fairly new and the tables are semi-private, each separated by custom metal screens. Like with all good restaurants in Shanghai, reservations are highly recommended.
507 Fuxing Zhong Road
Lane 1, Level 3
+86 21 64180422