In Hong Kong, Pizza Express has 23 restaurants. Founded in 1965 in London’s Soho, Pizza Express has 470 outlets in the UK, with a further 150 internationally. Hony, a Beijing-based private equity manager, manages investments worth US$12 billion (£9.5 billion), according to its website. The investment manager hoped to drive the growth of Pizza Express in China. Pizza Express declined to comment.

Source: The Standard July 16, 2020 07:52 UTC