It was established in 1994 and was merged into the Democratic Alliance for the Betterment of Hong Kong (DAB) in 2005.

It advocated handling political and social issues in a moderate, pragmatic and harmonious manner, and the 'progressive' development of democracy, emphasising 'stability, prosperity and progress'.

David Chu Yu-lin intended to run for a seat in New Territories East, and began canvassing, but suddenly decided to quit in late July.

However, some outsiders think that HKPA was insincere in participating in direct elections and the dispute shows the party came to a decline.

HKPA merged with the Democratic Alliance for the Betterment of Hong Kong (DAB) on 16 February 2005.