Exclusive | Shui On chairman Vincent Lo’s daughter and successor Stephanie Lo calls the shots at mainland-focused developer

Stephanie Lo Bo-yue has mapped out the Hong Kong-listed developer’s asset-light strategy on the mainland

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Stephanie Lo Bo-yue, executive director of Shui On Land, is being groomed to take over the reins of the company from her father and founder Vincent Lo Hong-shui. Photo: Nora Tam

Published: 8:00am, 20 May 2019Updated: 3:19pm, 4 Jun 2019

Stephanie Lo Bo-yue, 36, has massive responsibilities. She is raising two young boys, aged two and four, and managing the day to day responsibilities of Shui On Land, known for its famous Xintiandi Plaza in Shanghai.

Both tasks are challenging, but as the likely successor to the HK$14.4 billion (US$1.83 billion) business empire founded by her illustrious father and chairman, Vincent Lo Hong-sui, she has massive shoes to fill.

In less than a year after being named executive director, she is making her presence felt at the mainland-focused developer, taking the reins of Shui On’s shopping centre business in Shanghai.

At the company’s press conference to announce the company’s results in March, the senior Lo said “her performance is very satisfactory”.

Vincent Lo Hong-shui, chairman of Shui On Land, said he is very pleased with his daughter’s performance in her role as the group’s executive director. Photo: Winson Wong

“You know, the new mall is about young women. Even if I want to have a look, I have to ask Stephanie and [the team],” he said.