Lyceum Theatre, Historical theatre in Ruijinerlu Subdistrict, Shanghai, China.

Lyceum Theatre stands at 57 Maoming South Road, on the corner with Changle Road. Its main facade is Italian Renaissance palazzo style, with three arched French windows on the second floor opening onto balconies with vase-shaped balustrades, and a row of tall windows on the third. The walls are clad in brown Taishan rough-faced tiles, edged at the corners with toothed false-stone quoins. The auditorium seats 681 after the 2004 renovation, and the stage measures 19.5 metres wide by 13 metres deep.

The first Lyceum Theatre, a wooden structure on Huqiu Road, opened in 1867 for the Amateur Dramatic Club of Shanghai and burned down in 1871. Rebuilt on the same site in fireproof brick in 1874, it hosted Shaw's "The Devil's Disciple" in 1902 and the first Chinese spoken-drama performance, "Uncle Tom's Cabin", in 1907. The site was sold in 1929 and the present theatre, designed by the firm Stewardson & Spence, opened on 5 February 1931.

The name Lyceum is a transliteration of the English word for academy. From December 1931 the theatre also screened films, opening with Paramount's "Daughter's Classic"; Russian ballet troupes performed "Swan Lake" and "Sleeping Beauty" here. Under Japanese occupation from 1941, with foreign films banned, it staged spoken drama and Peking opera. On Double Ten Day 1945, Mei Lanfang returned after eight years offstage with "Ci Hu".

The venue sits in a central area of Shanghai and is easily reached from the Huangpu District center. Visitors should check for current schedules and performances before planning a visit to make the most of their time.

The 1931 building was designed by the firm Davies & Thomas (新瑞和洋行), not Atkinson & Dallas. Its stage, 19.5 metres wide and 13 metres deep, is nearly as large as the auditorium, allowing it to host symphony orchestras; before 1949 it was the resident venue of the Shanghai Municipal Orchestra, then billed as the "first in the Far East".