| Competition: | Hong Kong First Division |
| Season: | 1971–72 |
| Winners: | South China |
| Relegated: | Tsuen Wan Army |
| Matches: | 182 |
| Total Goals: | 632 |
| Prevseason: | 1970–71 |
| Nextseason: | 1972–73 |
The 1971–72 Hong Kong First Division League season was the 61st since its establishment.