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Previous studies have revealed significantassociations between human values and subjective well-being. Using a cross-lagged longitudinal design, the currentstudy attempted to investigate the directionality of therelationships of values prevailing in universities (values ofopenness to change and self-enhancement) and those pre-vailing in Chinese culture (values of conservation and self-transcendence) with university life satisfaction among asample of Hong Kong Chinese university students (59males and 183 females). Contrary to predictions, the resultsshow that values of openness to change (self-direction,stimulation, and hedonism) and self-enhancement(achievement and power) at Time 1 did not significantlypredict higher university life satisfaction at Time 2, andTime 1 university life satisfaction did not significantlypredict higher levels of these values at Time 2. As pre-dicted, it was found that conformity (a conservation value)and benevolence (a self-transcendence value) at Time 1significantly predicted higher Time 2 university life satis-faction. Unexpectedly, Time 1 university life satisfaction did not significantly predicted lower Time 2 power (a self-en-hancement value). The results are discussed in terms of the characteristics of Chinese culture