Legacy of Rage - Brandon Lee (1986) - Ocean Palace Restaurant Night Club, Tsim Sha Tsui

The large circular restaurant where Michael goes to"gong sau" (that's Triad speak for negotiations between gangs) with other gangsters was filmed at the now closed Ocean Palace Restaurant Night Club (海洋皇宮大酒樓). It was located in the Ocean Centre section of Harbour City on Canton Road which explains the curved layout of the venue. I believe it closed circa 2005.

Edit: the marker gremlins are at it again and marked it as the 1st floor but in reality the restaurant was located on the 4th floor (hat tip to Dave)