Chinese restaurant pays $105,000 for fish

A giant golden-coloured tiger fish is seen at a restaurant in Zhanjiang, south China's Guangdong province. Photo / Reuters

A Chinese restaurant has paid 580,000 yuan ($105,000) for a golden-coloured tiger fish, a symbol of wealth and good fortune.

The 1.75m long fish, weighing in at 48kg, was caught off the southwest coast of Zhanjiang.

The restaurant bargained the price down from 800,000 yuan but still stands to make a loss as it is to be sold to diners at 2000 yuan per kg when it cost about 12,000 yuan a kg.