Bright yellow hoarding has gone up on Central's Cochrane Street, and it belongs to MEGA MGC COFFEE, the budget Korean coffee giant that's about to make its Hong Kong debut. Known across South Korea for supersized cups at rock-bottom prices, the nearly 4,500-strong chain is opening its first Hong Kong shop this October — only its second location outside Korea after Ulaanbaatar, Mongolia. Here's what's coming, and where.

In short: MEGA MGC COFFEE, South Korea's bargain mega-cup coffee chain, opens its first Hong Kong shop at G/F, 37 Cochrane Street, Central this October 2026, replacing the 58-year-old Indonesian Restaurant 1968. In Korea, a 24oz americano costs around KRW2,000 (about HK$12) — Hong Kong pricing has not yet been announced.

In This Guide

  1. Essential info
  2. What's on the menu?
  3. Why this matters for Hong Kong's coffee scene
  4. FAQ

Where is MEGA MGC COFFEE opening, and when?

MEGA MGC COFFEE (메가MGC커피)

Central · First Hong Kong location
AddressG/F, 37 Cochrane Street, Central
Nearest MTRCentral Station Exit C, then up Queen's Road Central and the Central–Mid-Levels Escalator (about 8–10 minutes); Sheung Wan Station Exit E2 is a comparable alternative
OpeningOctober 2026 (exact date not yet announced)
Price guide (Korea)Standard 24oz americano around KRW2,000 (roughly HK$12); Hong Kong pricing TBC
Onlinemega-mgccoffee.com · Instagram @mega_mgc_coffee

The shop takes over the site of Indonesian Restaurant 1968, a Cochrane Street fixture that closed this July after 58 years of trading. Cochrane Street runs along the Central–Mid-Levels Escalator between Queen's Road Central and Gage Street/Lyndhurst Terrace, putting the new café within easy reach of the PMQ and Graham Street market area.

MEGA MGC's whole identity is built on volume: its signature americano is poured into a 24oz cup — roughly triple a standard flat white — at a price that in Korea comfortably undercuts even China's Luckin Coffee. Beyond the mega-sized basics, the chain is known for a handful of novelty drinks: the Cube Latte, built on frozen espresso ice cubes that slowly dilute as they melt, and Pong Crush, a blended frappé topped with Jolly Pong, South Korea's beloved puffed-wheat breakfast cereal. Whether the full Korean menu, or a Hong Kong-adapted version, will land on Cochrane Street has not been confirmed.

A standard MEGA MGC americano in Korea runs about HK$12 for 24oz — roughly a third the price of a comparable cup at most Hong Kong chains.

Why this matters for Hong Kong's coffee scene

Hong Kong's café market has been crowded with premium speciality roasters for years, but budget mega-chains are a newer story here. MEGA MGC's arrival follows the broader wave of Korean F&B brands testing Hong Kong this year, and its value-driven model puts it on a collision course with mainland budget chain Luckin Coffee, which has been expanding across the city. With nearly 4,500 stores at home, MEGA MGC is one of Korea's largest coffee chains by store count, though this Hong Kong shop is only its second venture outside its domestic market. For more of the city's café landscape, see Yum Cha Now's guides to best speciality coffee in Hong Kong and best cafes for working and relaxing.

Hong Kong's Food Scene, Weekly

New openings, closures and where to eat next — free in your inbox.

MEGA MGC joins a growing list of Korean food and drink brands arriving in Hong Kong. Browse Yum Cha Now's best Korean restaurants in Hong Kong for more of the city's K-food scene.

Frequently Asked Questions

When does MEGA MGC COFFEE open in Hong Kong?
Hoarding on Cochrane Street, Central points to an October 2026 opening, though an exact date has not yet been announced.
Where exactly is it located?
G/F, 37 Cochrane Street, Central, on the site of the recently closed Indonesian Restaurant 1968, along the route of the Central-Mid-Levels Escalator.
How much do drinks cost?
In Korea, MEGA MGC's signature 24oz americano costs around KRW2,000 (roughly HK$12). Hong Kong pricing has not yet been published.
Is this MEGA MGC's first shop outside South Korea?
No - it's the chain's second overseas location. The first was in Ulaanbaatar, Mongolia, which opened in mid-2024.
What is MEGA MGC known for?
Supersized, low-cost coffee - its americano is roughly triple the size of a standard flat white - plus novelty drinks like the Cube Latte (espresso ice cubes) and the Jolly Pong-topped Pong Crush frappe.

Plan your visit

No opening date yet, so keep an eye on the shop's Instagram for the announcement. MEGA MGC brings Korea's bargain coffee culture to Central's steepest escalator street.

Related Articles

Korean Coffee Central Cochrane Street New Opening Cafe