Can Hong Kong preserve its historic buildings before it’s too late? From Nan Fung Group’s The Mills to New World Development’s State Theatre, the race is on – but not all projects are tastefully done

• The 68-year-old State Theatre is a former cinema in North Point and the latest historic Hong Kong building to be revamped by New World Development
• Other successful recent conversion projects include PMQ, Tai Kwun and The Mills, but some are critical of the repurposing of Central Market, which reopened last year after an 18-year hiatus