Hap Taiwanese Hotpot Closes All Stores as Chain Restaurant Shakeout Continues
SingTao · 2 SOURCESabout 3 hours ago5 MIN
Summary
Hap Taiwanese Hotpot (好呷台灣火鍋), a subsidiary of the Shu Fu Lou Group (1978), announced on its social media platform in early October that its last remaining outlet at Langham Place in Mong Kok will cease operations on October 25, 2026 at 11pm. The closure marks the complete end of the brand, which had operated two locations at its peak. The company is offering Sapporo draft beer electronic coupons to members who dine at the Langham Place store between now and the closure date .
Key Points
- The brand first opened at Langham Place in 2022, followed by a Causeway Bay branch at Emperor Watch & Jewellery Centre in 2023, but the latter closed in October last year .
- In January 2026, Hap announced its Langham Place store would close in mid-March, citing the completion of its "Taiwanese all-you-can-eat mission," but reversed the decision a month later after overwhelming customer support .
- In June 2026, the chain launched a "spinning top battle zone" with free trial play in an attempt to attract more diners during the slower summer period .
- The parent company Shu Fu Lou Group reported a widened first-half loss of HK$17.414 million for the six months ending June 2026, compared to a loss of HK$633,000 in the same period last year, with revenue falling 6.3% year-on-year to HK$506 million .
- Netizens identified three main reasons for the closure: insufficient foot traffic outside lunch hours, inconsistent food quality relative to competitors such as Beef Masters and Beef Station hotpot chains, and the location being off the beaten track for most shoppers .
Why It Matters
The closure reflects the intense price competition and structural challenges facing Hong Kong's restaurant industry, as evidenced by Shu Fu Lou's candid acknowledgment that it must "face market realities" and continuously restructure its store network . The fate of Hap Taiwanese Hotpot—unable to sustain operations despite a high-profile customer rescue effort earlier this year—highlights the difficulty even established chains face in maintaining profitability amid shifting consumer habits and rising operating costs in the city.
The closure reflects the intense price competition and structural challenges facing Hong Kong's restaurant industry, as evidenced by Shu Fu Lou's candid acknowledgment that it must "face market realities" and continuously restructure its store network . The fate of Hap Taiwanese Hotpot—unable to sustain operations despite a high-profile customer rescue effort earlier this year—highlights the difficulty even established chains face in maintaining profitability amid shifting consumer habits and rising operating costs in the city.