Why Hong Kong's Jumbo Floating Restaurant could leave the city in a few weeks

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Hong Kong could lose its iconic Jumbo Floating Restaurant as early as June 2022, after its owner said it was running out of money to fund its upkeep. The restaurant has been closed since early 2020, with its owner reporting an accumulated loss in excess of HK$100 million (US$12.7 million) after the Covid-19 outbreak devastated the tourism and catering industries already under strain since the social unrest in 2019. On May 31, part of the structure began to sink in Aberdeen Harbour. (Photo: SCMP…

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