The exclusive club that Han always goes to, but where Shan is initially refused entry because of his attire, was located in what was the old Lido building along the beachfront in Repulse Bay.
Information on the history of this place is a bit patchy, so I've had to guess afew things, but what is known is that it was built by the Kadoorie family in 1935 as a sort of beachside resort building containing bathing booths, a restaurant and at some point a nightclub. It was a standalone building, designed in the art-deco style that was popular at the time (and for quite a while afterwards) in Hong Kong. Located at the eastern end of the beach, it was later joined by a second, similarly low-rise, building immediately to the west. I think (I'm guessing again) that may have been built when the when the site was bought and redeveloped by the Lido Development Company circa 1976. The two buildings may or may not have been referred to as the "Lido Complex", please feel free to comment below to correct any mistakes.
You can see in the images that Han's car drives along Beach Road with a white building in the background with curved roof edge. I think this is the east tip of the later development I just mentioned. Han stops outside what was the original Lido building. The sign above the door says "Lido International Resort Club" but I have no idea if it was known by this at the time or whether it was a film prop. I suspect it was the real name though.
The Lido building(s)/complex were later bought by Emperor Group (circa mid-90s) and redeveloped into a single long mall building called "The Pulse". This new development appears to take up the same footprint as the previous two buildings combined. Apparently there were some legal issues because Emperor were only given permission to build a three-storey structure and instead they slapped an additional three floors on the top, breaking their lease conditions. They got away with it by paying an additional land premium of close to HK$800 million. In HK, all problems go away with a big bag of cash.
The area we can see on the film below is in front of a traffic island that itself sits in front of 49-53 Beach Road. Both of which can be seen in the third image.




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