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Shaw Studios, located in Clearwater Bay, Hong Kong. Shaw Brothers was the largest film production company of Hong Kong. The Clearwater Bay site at Clearwater Bay Road and Ngan Ying Road is the former home of Shaw Studio (built 1960–1961), as well as the vacated TVB headquarters and studios (1986–2003, since relocated to TVB City) and Celestial Pictures. There are also apartment blocks used to house Shaw actors. The newer Shaw House and Shaw Villa are there. The studio site has been vacant since 2003 and will likely be re-developed with no new tenants targeted.