The Charm Beneath (Traditional Chinese: 胭脂水粉) is a TVB period drama series broadcast in October 2005.

Sheren Tang and Bobby Au-Yeung were originally cast in this series instead of Gigi Lai and Moses Chan when the teaser trailer premiered in the TVB sales presentation in 2005.

Began with 27 average point and minor growth in the following, praised the cast and producer an unhopeful high rating already.

The Drama ended up with a bit better result with 32 average point with highest peak at 36 although it still couldn't compare to War and Beauty's final rating.

Despite the loss in the terms of rating, The Charm Beneath pressed out with a majority of positive reviews, began critical acclaims.