Bloomberg News
Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos

Hong Kong's Iconic Jumbo Floating Restaurant Towed Away After 46 Years

Posted

June 15, 2022

Views

3,366

Likes

28

Comments

11

Engagement

1.16%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

YouTube Description

as posted by the channel

Hong Kong's landmark Jumbo Floating Restaurant that fed Cantonese cuisine and seafood to Queen Elizabeth II, Tom Cruise and millions of other diners was towed from the city's harborfront Tuesday after being closed by the Covid-19 pandemic.

The parent company of Jumbo Floating Restaurant couldn’t find a new owner and lacked funds to maintain it after months of Covid restrictions.

The massive floating restaurant designed like a Chinese imperial palace on Aberdeen Harbor was known for its Cantonese cuisine and seafood dishes. It received over 30 million guests since its establishment in 1976.

But Jumbo Floating Restaurant was forced to close in 2020 due to the Covid-19 pandemic, and all staff were laid off. Parent company Aberdeen Restaurant Enterprises said it had become a financial burden to shareholders, as millions of Hong Kong dollars were spent on inspection and maintenance of the floating restaurant every year even though the restaurant was not in operation.

Hong Kong leader Carrie Lam had previously rejected suggestions to bail out the restaurant, despite calls from lawmakers to preserve the iconic landmark.

Lam said last month that the government had no plans to invest taxpayers’ money into the restaurant as the government was “not good” at running such premises, despite calls from lawmakers to preserve the restaurant.

Some Hong Kong residents recalled the heyday of Jumbo Kingdom, and expressed disappointment in seeing the restaurant go. It was famed for its lavish banquet meals, with dishes such as roasted suckling pig, lobster and double-boiled bird’s nest, a Chinese delicacy.

Wong Chi-wah, a boat operator in Aberdeen Harbor, said that in the glory days of the Jumbo Floating Restaurant in the 1990s, flocks of Japanese tourists would visit the restaurants.

“The streets were full of parked vehicles as visitors arrived in big groups,” he said.

Encore Sin, 71, said Hong Kong was losing something unique.

“If the restaurant leaves today, there is definitely a sense of loss, not just for people who live around this area but for the whole of Hong Kong,” said Sin.

“Over the past few decades, I’ve been to many places around the world to take photographs, but where else in the world are there such floating restaurants? I don’t think there are any left.”

Subscribe to our YouTube channel

Subscribe to our newest channel Quicktake Explained

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake

Connect with us on…

Breaking News on YouTube

Guests & Subjects Covered

Hong Kong'sJumbo Floating RestaurantAberdeen HarborBut Jumbo Floating RestaurantAberdeen Restaurant EnterprisesHong KongCarrie LamSome Hong Kong

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.