Perfect 3 World Tour Live @ Hong Kong (移動城堡香港演唱會) was released on December 22, 2006, and is S.H.E's second live album. The songs in this album are direct recordings from their concert at the Hong Kong Coliseum during their Perfect 3 World Tour. The live album also contains a Bonus DVD that chronicles S.H.E's five years in the entertainment industry. The DVD version of the Hong Kong concert was released later on January 22, 2007.
During the concert, each member provided her own performance of skill and sang solos of her favourite songs. Compared to the Fantasy Land Tour 2004 in Taipei album, Perfect 3 World Tour Live @ Hong Kong features five fewer talking segments.