Films of Merit: Made in Hong Kong Lifeline Happy Together Task Force Eighteen Springs Walk In A Chinese Ghost Story -- the Tsui Hark Animation Too Many Ways to be Number One Armageddon
Best Director: Peter Chan (Comrades, Almost a Love Story) Gordon Chan (First Option)
Best Screenplay: Philip Kwok (Mongkok Story)
Best Actor: Francis Ng (Once Upon a Time in Triad Society)
Best Actress: Maggie Cheung (Comrades, Almost a Love Story)
Films of Merit: Forbidden City Cop Mongkok Story First Option Once Upon a Time in Triad Society Once Upon a Time in Triad Society 2 Young and Dangerous 3 Hu-Du-Men (Stage Door) Lost and Found
Best Actress: Josephine Siao (Summer Snow) Siqin Gaowa (The Day the Sun Turned Cold)
Films of Merit: A Chinese Odyssey The Day the Sun Turned Cold Full Throttle Fallen Angels The Day That Doesn't Exist The Blade The Case of the Cold Fish Once in a Life Time