Latest news with #dimSum
Bloomberg
10-07-2025
- Business
- Bloomberg
Goldman Battles Morgan Stanley for Hong Kong Supremacy
In this week's Hong Kong Edition, we look at how Wall Street's back on top of the city's booming equity capital markets, find some silver lining in the recent heat wave and talk to the professor behind OldHKinColour. For the Review, we visit a dim sum restaurant hidden in a Kowloon basement that hits the Hong Kong trifecta. To subscribe to this weekly newsletter for free, click here.
Daily Mail
08-07-2025
- Business
- Daily Mail
Popular restaurant shuts all locations after 20 years on the high street
Popular dim sum restaurant Ping Pong has permanently closed its remaining restaurants, bringing an end to 20 years in operation. Ping Pong was launched in 2005 and once boasted 12 locations across London, including popular areas like Southbank, Soho, St. Christopher's Place and St. Paul's. But Ping Pong has now announced its remaining restaurants have permanently ceased trading, with its founder saying it was 'difficult to survive' under current economic conditions. An automated message on the company's website reads: 'After 20 amazing years, Ping Pong is closing its doors. 'Thank you for all the memories, the laughs, and the love. 'It's been a truly delicious journey'. The restaurant's founder Kurt Zdesar, who left the group in 2007 and went on to launch the Chotto Matte chain, told Time Out: 'The UK has become increasingly difficult to survive this current economical environment. Very sad news.' Companies House records show holding company Ping Pong Ltd had administrators appointed in November 2022, just two months after the group had reported a £344,000 pre-tax profit for the 12 months to 27 March of that year. Ping Pong was sold to AJT Dimsum as part of the 'pre-pack' administration process, with its six restaurants and staff to transferred to the new owner. At the time, Ping Pong said it the pandemic had left it with crippling debts owed to landlords it would not be able to pay despite returning to a profit. The administration has seen two 12-month extensions to be completed and administrators at Begbies Traynor said in June a further extension 'may be required'.
South China Morning Post
08-07-2025
- Business
- South China Morning Post
Hong Kong's Metropol Restaurant, known for dim sum trolleys, will close in September
A Chinese restaurant in Hong Kong known for serving dim sum from traditional trolleys will close down at the end of September after being in business for 35 years, joining a slew of eateries that have folded in the city in recent months. Advertisement A staff member of Metropol Restaurant, located at United Centre in Admiralty, told the Post that the establishment would operate until September 27, but did not offer a reason for the decision to shut down. The restaurant opened in 1990 and is one of three eateries in Hong Kong operated under the Heichinrou group, a Japanese brand of traditional Chinese restaurants first established in the Chinatown of Yokohama, Japan, in 1884. On the group's website, Metropol Restaurant is described as the brand's premium restaurant designed for dim sum lunches and banquets. It can accommodate 1,200 people, has five private rooms, and is available for small parties or banquets of over 100 tables. Advertisement There are two remaining Heichinrou restaurants in Diamond Hill and Kwun Tong. A Japanese notice on its website indicated that the group had announced the closure of all its restaurants in Japan on May 20 this year, and filed for bankruptcy the following day.
Yahoo
06-07-2025
- Entertainment
- Yahoo
Beloved Restaurant Chain Abruptly Closes All Locations: 'It's a Wrap'
A beloved dim sum restaurant chain has closed all locations. The chain was well-liked in the United Kingdom. The Ping Pong restaurant chain announced the news on its Instagram page on July 2. "It's a wrap, 🥟" the post says. "After 20 unforgettable years, all Ping Pong locations are now permanently closed. We're incredibly proud of what we built, an independent hospitality brand full of creativity, flavour, and soul.""To everyone who joined us over the years, for dim sum dates, happy hours, bottomless brunches, and just-because catch-ups — thank you," the company added. "You shared your moments with us, passed around little parcels of deliciousness, and helped make Ping Pong what it was." The post concluded: "To our collaborators, suppliers, and the incredible team who kept the steam going, thank you. It's been sum-thing truly special." People expressed disappointment on the Instagram comment thread. "Omgggggggggg nooooooooooo!!!!!!!! If I knew I'd have made one last trip. So sad," wrote one person. "This is incredibly sad news! Wish we'd have known. Would've loved to visit it one last time 😢," wrote another person. "Ah this is gutting! So sorry to hear of this. I loved having options as someone who is both gluten free and dairy free. I wish you all the best in the future 💔😢🫶," another wrote. The chain was "founded in 2005 by restaurateur Kurt Zdesar," Birmingham Live reported. That publication labeled the closure "sudden" and the chain "major" and a "high street staple." The chain had four locations in London, including one in Soho. According to Metro UK, the chain once had 20 locations but was hit hard by the pandemic. Metro's Patrycja Zaras said in that publication's article: 'I'm genuinely heartbroken, I absolutely loved this place. I used to take all my friends and family there and over time it became the backdrop for so many memories. Ever since a colleague casually introduced me to it on a lunch break, I kept coming back."Beloved Restaurant Chain Abruptly Closes All Locations: 'It's a Wrap' first appeared on Men's Journal on Jul 5, 2025
Yahoo
04-07-2025
- Business
- Yahoo
Major UK restaurant chain confirms sudden closure of all UK branches
Chinese dim sum restaurant Ping Pong has confirmed it will close all its locations in the UK in a sad update on social media. Founded in 2005 by restaurateur Kurt Zdesar, said they are "incredible proud" of the restaurant's impact and the reception it received from customers. On Instagram, the chain confirmed all its restaurants have now been shut down, saying: "It's a wrap. After 20 unforgettable years, all Ping Pong locations are now permanently closed. Read more: Black Sabbath live as crowds of fans queue at city landmark ahead of Villa Park gig 'We're incredibly proud of what we built, an independent hospitality brand full of creativity, flavour and soul. "To everyone who joined us over the years, for dim sum dates, happy hours, bottomless brunches, and just-because catch-ups – thank you. 'You shared your moments with us, passed around little parcels of deliciousness, and helped make Ping Pong what it was. "To our collaborators, suppliers, and the incredible team who kept the steam going, thank you. It's been sum-thing truly special.' Loyal customers of the chain took to the comments, each sharing their thoughts on the devastating news. One wrote: "Noooo, we've made some amazing memories there, birthdays, anniversaries , you name it. The food was always so amazing" Another commented: "This is very very sad. Will be sorely missed." A third said: "WHAT?? WE HAD NO CHANCE TO SAY GOODBYE! NO WARNING." A fourth posted: "We had so many good times there. The food and the lychee cocktails will be sorely missed." While nother added: "Omgggggggggg nooooooooooo!!!!!!!! If I knew I'd have made one last trip. So sad." Join our dedicated BirminghamLive WhatsApp community for the latest updates sent straight to your phone as they happen. You can also sign up to our Money Saving Newsletter which is sent out daily via email with all the updates you need to know on the cost of living, including DWP and HMRC changes, benefits, payments, banks, bills and shopping discounts. Get the top stories in your inbox to browse through at a time that suits you.
