| Event: | Women's 500 metres |
| Games: | 1996 Asian Winter Games |
| Venue: | Heilongjiang Indoor Rink |
| Dates: | 5–6 February 1996 |
| Competitors: | 9 |
| Nations: | 3 |
| Gold: | Wang Manli |
| Goldnoc: | CHN |
| Gold2: | Xue Ruihong |
| Goldnoc2: | CHN |
| Bronze: | Jin Hua |
| Bronzenoc: | CHN |
| Prev: | 1990 |
| Next: | 1999 |
See main article: Speed skating at the 1996 Asian Winter Games. The women's 500 metres at the 1996 Asian Winter Games was held in February 1996 in Harbin, China.
| width=40 | Rank | width=250 | Athlete | width=80 | Race 1 | width=80 | Race 2 | width=80 | Total | width=50 | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 40.51 | 40.92 | 1:21.43 | |||||||||
| 40.66 | 40.77 | 1:21.43 | |||||||||
| 40.78 | 40.99 | 1:21.77 | |||||||||
| 4 | 41.34 | 41.29 | 1:22.63 | ||||||||
| 5 | 41.42 | 41.39 | 1:22.81 | ||||||||
| 6 | 41.40 | 41.48 | 1:22.88 | ||||||||
| 7 | 41.63 | 41.63 | 1:23.26 | ||||||||
| 8 | 41.64 | 41.95 | 1:23.59 | ||||||||
| — | 41.76 | DSQ | DSQ | ||||||||
| — | 41.65 | DSQ | DSQ |