The 1997 Lunar New Year Cup (aka Carlsberg Cup) was a football tournament held in Hong Kong over the first and fourth day of the Chinese New Year holiday.
Participating teams
Results
All times given in Hong Kong Time (UTC+8).
Semifinals
Russia  | 1–1 |  FR Yugoslavia |
|---|---|---|
Popov  62' |
Drobnjak 40' |
|
| Penalties | ||
| 6–5 | ||
Hong Kong League XI  | 1–4 |  Switzerland |
|---|---|---|
| Muir 55' |
Yakin 32' (pen.) Kunz 38', 70' Weiler 90' |
Third place match
| Hong Kong League XI | 1–3 | FR Yugoslavia |
|---|---|---|
| Silva 60' |
Milosevic 7' Drobnjak 17', 32' |
Final
| Russia | 2–1 | Switzerland |
|---|---|---|
| Simutenkov 23', 36' |
Thüler 79' |
Bracket
| Semi-finals | Final | |||||
| 23 January 1997 – Hong Kong | ||||||
| Russia (pen.) | 1 (6) | |||||
| 26 January 1997 – Hong Kong | ||||||
| FR Yugoslavia | 1 (5) | |||||
| Russia | 2 | |||||
| 23 January 1997 – Hong Kong | ||||||
| Switzerland | 1 | |||||
| Switzerland | 4 | |||||
 Hong Kong League XI | 1 | |||||
| Third place | ||||||
| 26 January 1997 – Hong Kong | ||||||
| FR Yugoslavia | 3 | |||||
| Hong Kong League XI | 1 | |||||
| 1997 Carlsberg Cup Winner |
|---|
 Russia First Title |
Top scorers
- 3 goals
- 2 goals
- 1 goal