The 1997–98 Hong Kong First Division League season was the 87th since its establishment.
The season began on 7 September 1997 and ended on 16 April 1998.
NB: Teams take points and goals halved from first phase.
No final was played as Instant-Dict granted the champion in both stages, and automatically became the overall champion.
The runner-up in the Champion Playoff, South China, was awarded the overall runners-up.