The 2008 Lunar New Year Cup, officially known as Wing Lung Bank 2008 Lunar New Year Cup, is a football tournament held in Hong Kong on the first and fourth day of the Chinese New Year of the Year of Rat (22 January and 25 January 2008).
Format
The two semi-finals for the four participating teams will be held on the first day of the Chinese New Year of Rat (7 February 2008). The winning teams will enter the final and the losing teams play the third-place playoff (Both matches on the fourth day of the Lunar New Year, i.e. 10 February 2008.) Draw in the semi-finals and third-place playoff would be settled by penalty shootout directly, that means no extra time would be played. For the final, a thirty-minute extra time would be played after a draw. A further draw would lead to the penalty shootout.