Basketball was one of the 26 sports disciplines held in the 1986 Asian Games in Seoul, South Korea. China swept all their assignments in the round robin format en route to their 2nd title both in the men's and women's tournament. The games were held from September 20 to October 3, 1986.

Event	Gold	Silver	Bronze
Men details	China Gong Luming Huang Yunlong Li Feng Li Yaguang Sha Guoli Song Tao Sun Fengwu Wang Fei Wang Libin Xu Xiaoliang Zhang Bin Zhang Yongjun	South Korea Goh Myong-hwa Han Ki-bum Hur Jae Kim Hyun-jun Kim Sung-wook Kim Yoo-taek Lee Chung-hee Lee Min-hyun Lee Moon-kyu Lee Won-woo Lim Jung-myung Park In-kyu	Philippines Eric Altamirano Allan Caidic Glenn Capacio Harmon Codiñera Jerry Codiñera Jojo Lastimosa Samboy Lim Ronnie Magsanoc Alvin Patrimonio Dindo Pumaren Elmer Reyes Jack Tanuan
Women details	China Cong Xuedi Han Qingling Liu Lin Liu Qing Peng Ping Qiu Chen Wang Jun Wang Yuping Xu Chunmei Xue Cuilan Zhang Yueqin Zheng Haixia	South Korea Cho Mun-chu Choi Kyung-hee Kim Eun-sook Kim Hwa-soon Kim Young-hee Lee Hyung-sook Lee Kum-jin Lee Mi-ja Moon Kyung-ja Seo Kyung-hwa Sung Jung-a Woo Eun-kyung	Japan Satsuki Harada Mika Horiuchi Misao Ishii Kumi Kubota Mayumi Kuroda Junko Matsuura Yoko Nogura Kayoko Sato Kazumi Shimizu Tamami Takara Yasuko Takaya Toyoko Takeyama

Rank	Nation	Gold	Silver	Bronze	Total
1	China (CHN)	2	0	0	2
2	South Korea (KOR)	0	2	0	2
3	Japan (JPN)	0	0	1	1
	Philippines (PHI)	0	0	1	1
Totals (4 entries)		2	2	2	6

Rank	Team	Pld	W	L
	China	7	7	0
	South Korea	7	6	1
	Philippines	7	5	2
4	Jordan	7	3	4
5	Malaysia	7	3	4
6	Japan	7	2	5
7	Kuwait	7	2	5
8	Hong Kong	7	0	7

Rank	Team	Pld	W	L
	China	3	3	0
	South Korea	3	2	1
	Japan	3	1	2
4	Malaysia	3	0	3

• Men's Results
• Women's Results