The ceremony is usually held in January following the end of the previous music season.
It usually takes place at the Hong Kong Coliseum, sometimes at the Sha Tin Racecourse.
Also a "Golden Needle" award is presented in some ceremonies as lifetime achievements.
RTHK also presents the International Pop Poll Awards annually.
James Fung Wai-tong, chairman of the organising committee, said that from 1990 onwards, the awards ceremony had already given prizes to over 200 international pop songs, widening the perspectives of both the public and the local music industry with a diversified music culture.