It is given to honour an actress who has delivered an outstanding performance in a Hong Kong film.
Firstly, prospective nominees are marked with a weight of 50% each from HKFA voters and a hundred professional adjudicators, contributing towards a final score with which the top five nominees advance to the second round of voting.
The winner is then selected via a scoring process where 55% of the vote comes from 55 professional adjudicators, 25% from representatives of the Hong Kong Performing Artistes Guild and 20% from all other HKFA Executive Committee Members.
[2] Maggie Cheung holds the title of the most awards received having been honoured on 5 separate occasions.
At the first incarnation of the ceremony in 1982 awards were presented to winners with no nominees selected.