Ceremony for the 27th Hong Kong Film Awards was held on 14 April 2008 in the Hong Kong Cultural Centre and hosted by Carol Cheng, Sandra Ng and Sammi Cheng. Winners in nineteen categories were unveiled, with film The Warlords being the year's biggest winner.

Ceremony for the 26th Hong Kong Film Awards was held on 15 April 2007 in the Hong Kong Cultural Centre and hosted by Bowie Tsang, Nick Cheung and Lam Chi-chung. Twenty-six winners in nineteen categories were unveiled, with film After This Our Exile being the year's biggest winner. The ceremony also featured performances by Jay Chou, Eason Chan, Alive and Jane Zhang.