18th Golden Horse Awards

The 18th Golden Horse Awards took place on October 30, 1981 at the Kaohsiung Cultural Center in Kaohsiung, Taiwan.

Winners and nominees

Winners are listed first and highlighted in boldface.

If I Were for Real *Fellow Students *My Grandfather *All the Wrong Clues for the Right Solution *The Coldest Winter in Peking *A Man of Immortality	Hai Yang Mu Chang Zhi Kai Fa 海洋牧場之開發 *Kua Hai Hong Qiao 跨海長虹
Old Master Q	Tsui Hark — All the Wrong Clues for the Right Solution *Lin Ching-chieh — Fellow Students**** *Patrick Tam — Love Massacre
Alan Tam — If I Were for Real Tony Liu — A Man of Immortality* Heung Wan-pang — Fellow Students*	Sylvia Chang — My Grandfather *Sibelle Hu — The Coldest Winter in Peking**** *Ying Tsai-ling— The Unsinkable Miss Calabash
George Wang — The Coldest Winter in Peking Liu Yan-fang — The Coldest Winter in Peking* Mu Si-cheng — A Sword Named Revenge*	Wang Lai — The Unsinkable Miss Calabash *Wu Su-chu — Sailing for Tomorrow**** *Gua Ah-leh — The Story of Daniel
Cheng Chuan-wen — My Native Land Zhang Xiang — A Man of Immortality* Wan Wan — Once Again with Love*	Wu Nien-jen — Fellow Students *Raymond Wong and Szeto Cheuk-hon — All the Wrong Clues for the Right Solution**** *Lin Ching-chieh — Student Days
Chang Yung-hsiang — If I Were for Real Li Han-hsiang — The Tiger and the Widow*	Bill Wong — All the Wrong Clues for the Right Solution *Lin Hung-chung — If I Were for Real**** *Brian Lai — Love Massacre
Tony Chow — All the Wrong Clues for the Right Solution Wang Chin-chen — The Coldest Winter in Peking* Peter Cheung — The Big Brawl*	Chen Ching-shen — The Tiger and the Widow *William Chang — All the Wrong Clues for the Right Solution**** *Wang Toon — If I Were for Real
Lee Yen-ping — The Tiger and the Widow Lee Fu-hsiung — A Man of Immortality* Lu Chien-ming — A Sword Named Revenge*	Li Tai-hsiang — A Sword Named Revenge Li Tai-hsiang — The Unsinkable Miss Calabash Weng Ching-hsi — My Native Land
Weng Ching-hsi — My Native Land Li Tai-hsiang — Sailing for Tomorrow Shi Dongrong — A Sword Named Revenge	Kwong Hu — Love Massacre *Lin Kun-chi — Sailing for Tomorrow**** *Wang Yung-fang — My Native Land
The Coldest Winter in Peking	Wang Yin