Hollow mesoporous silica materials have been intensively pursued because of their unique properties for various applications. Yolk/shell structured hollow mesoporous silica with functional cores inside their hollow interior can further broaden the applications of hollow mesoporous silica. The self-templating strategy has been developed as one of the most important strategies to effectively fabricate hollow mesoporous silicas and their yolk/shell counterparts. In this feature article, we provide an overview of advances in the self-templating synthesis of hollow mesoporous silica based on the following three strategies: surface-protected etching, structural difference-based selective etching, and cationic surfactant assisted self-templating. We then discuss some important applications of these self-templating strategy-derived hollow mesoporous silicas, such as nanoreactors for confined catalysis and multifunctional platforms for combined therapy. Finally, some perspectives for the future development of this active research field are provided.