The 18th Hong Kong Awards ceremony, honored the best films of 1998 and took place on 25 April 1999 at Hong Kong Academy for Performing Arts, Wan Chai, Hong Kong. The ceremony was hosted by Carol Cheng, Cheung Tat Ming, Vincent Kok, Chin Ka Lok and Jerry Lamb, during the ceremony awards are presented in 17 categories.

The 17th Hong Kong Film Awards ceremony, honored the best films of 1997 and took place on 26 April 1998 at Hong Kong Academy for Performing Arts, Wan Chai, Hong Kong. The ceremony was hosted by Carol Cheng and Cheung Tat Ming, during the ceremony awards are presented in 17 categories.