Luen Wo Market, Market hall in Fanling, Hong Kong

Luen Wo Market is a brick and concrete market hall in Fanling, in the North District of Hong Kong. It has seven separate entrances with sheltered canopies along the outside walls, and large windows near the roofline let daylight reach the stalls below.

The market opened in 1951, built by the Luen Wo Land Investment Company as the first large private market in the New Territories after World War II. Its creation marked an early step in the transformation of Fanling from a farming area into a trading center.

The market's three flagpoles flew the Republic of China flag on its national day, a practice tied to the market's founding era. Since 2018 the site has been run by Hong Kong Lutheran Social Service as a rural-urban living centre, with vegetable stalls, dry and wet goods shops, weekend outdoor markets and exhibitions on the area's history.

The market building is closed and has been vacant since 2002; the open-air part of the site now serves as a car park. In 2018 the Development Bureau announced that the Hong Kong Lutheran Social Service would run it as a city-rural life centre, with vegetable stalls, dry and wet goods shops, a weekend outdoor market, thematic exhibitions and guided bicycle tours.

The market closed on 26 September 2002, when the new air-conditioned Luen Wo Market with 356 stalls opened nearby. In early 2007 the film Hooked on You was shot here, renaming the building "Fu Kwai Hui" and hanging a Hong Kong regional flag from its three flagpoles — a flag never flown there in reality. Residents later complained that the film crew left rubbish and the fake sign covering the market's name.