Buddhism is one of the dominant religions in China. It has many followers in Hong Kong who worship in hundreds of temples across the city. The major Buddhist festival takes place on Buddha's birthday, on the eighth day of the fourth month in the lunar calendar. Followers pay respect to Sakyamuni Buddha, Kwun Yum (the Buddhist Goddess of Mercy) and other Buddhas and Bodhisattva.

The Po Lin Monastery on Lantau Island is famous for the Tian Tan Buddha, a majestic bronze statue of Buddha, in a seated position, believed to be the largest outdoor Buddha statue of its kind in the world. It is a popular attraction for visitors, especially during weekends and holidays.

Other notable Buddhist temples include the Chi Lin Nunnery on Diamond Hill, which is a cluster of temple structures built in the architectural style of the Tang Dynasty.