10 teams entered this edition, with 2 games being played in the First Round before the quarter-finals stage.

The competition was only open to teams that played in the 2022–23 Hong Kong Premier League.

Eastern were the defending champions but lost to Kitchee in the final.

Kitchee became the champions for the 8th time after beating Eastern in the final.

Bold = winner * = after extra time, ( ) = penalty shootout score Player of the Match: Yapp Hung Fai (Eastern) Assistant Referees: Law Ming Leong Amarjit Singh Sarao Fourth Official: Tam Ping Wun Match rules