This study examined the association between 8 aspects of friend intimacy and 3 measures of psychosocial adjustment (self-esteem, deviant behavior, and purpose in life) among Hong Kong Chinese adolescents. The respondents were 289 students between 16 and 19 years of age from a cross-sectional study in Hong Kong. Bivariate correlation and multiple regression analyses revealed (a) friend intimacy was positively associated with self-esteem and purpose in life, and (b) friend intimacy was negatively correlated with deviant behavior. Results indicated that friend intimacy is an important variable that affects some aspects of psychosocial adjustment. Moreover, results of multiple regression analyses indicated that different measures of friend intimacy are related to deviant behavior and purpose in life. Therefore, it is crucial to study the relationship between different aspects of friend intimacy and different aspects of psychosocial adjustment among adolescents. Copyright © 2000 Taylor & Francis.