1980s 0r 1990s 0r 2000s action movie there were a chineese gangs and they fight in the middle of funfair or a carnival and the main character wears a ring and when they were eating they saw a building on fire
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Maybe this one?:
”Burning Ambition” (1989), its original Chinese title is “Long zhi zheng ba”
IMDb:
https://www.imdb.com/title/tt0097776/?ref_=ttrel_ov_bk
Chinese triads/gangs are fighting each other, and there is a big fight scene in an amusement park/carnival. You can watch the full movie on YouTube here, the carnival fight scene starts about at the 1:00:57 mark:
Fight at the carnival:
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