| Competition: | Hong Kong First Division |
| Season: | 1926–27 |
| Winners: | Clube de Recreio (1st title) |
| Matches: | 108 |
| Total Goals: | 151 |
| Prevseason: | 1925–26 |
| Nextseason: | 1927–28 |
The 1926–27 Hong Kong First Division League season was the 19th since its establishment.