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Hang Lung Properties
TOPIC
 / company

Hang Lung Properties

Hang Lung Properties
Hang Lung Properties
Hang Lung Properties, formerly Amoy Properties and part of the Hang Lung Group, is a headquartered in Hong Kong and a constituent stock in the blue chip Hang Seng Index. Hang Lung Properties Ltd was incorporated in 1949 and was taken over by Hang Lung Group in 1980. It became the property investment arm of Hang Lung Group Ltd after the group re-organisation in 1987. The company is led by Ronnie Chan.
Chairman / President
Mr. Adriel Chan
CEO / Managing Director
Weber Wai Pak Lo
CFO / Finance Director
Kenneth Ka Kui Chiu
Industry
Property
Website
hanglung.com
Headquarters address
28th Floor, 4 Des Voeux Road Central, Hong Kong
Stock Code
SEHK:00101
Year founded
1960
A view of a hotel room at Hilton’s new Xi Zhe Wuxi hotel in Wuxi, Jiangsu province. Photo: Handout
China consumption

Pets and personal touches: how China’s luxury hotel market is changing

Today’s Chinese guests expect hotels to offer cultural experiences, personalised touches and a pet-friendly environment, Hang Lung director says.

Amoy Footbridge

Bridging effect: how Kowloon Bay’s modest new link can deepen neighbourhood ties

Supported by
Hang Lung Properties
Hong Kong property

Hong Kong malls see growth with new stores and events: Hang Lung CEO

Tung Chee-hwa

Hong Kong’s first leader Tung Chee-hwa to be honoured with state funeral

City government coordinating arrangements to honour Tung as deputy national-level leader and his contributions to ‘one country, two systems’ framework.

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Tung Chee-hwa poses for a portrait taken at the Office of Former Chief Executives in Mid-Levels in 2017. Photo: Antony Dickson
Hong Kong property

Hang Lung Properties names former Starbucks China head Leo Tsoi as new CEO

Tsoi’s appointment marks Hang Lung’s first CEO change since Adriel Chan took over from his father Ronnie Chan as chairman in 2024.

Hong Kong property

Hang Lung looks beyond luxury amid changing consumer tastes

Record mall rental income was offset by property writedowns and weak offices, while Shanghai’s Plaza 66 aims to grow beyond luxury shopping.

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Architecture and design

Only in Hangzhou: new Westlake 66 complex blends hi-tech and history

Hang Lung Properties’ newest mixed-use development connects centuries of history to one of China’s most dynamic tech hubs.

Westlake 66, Hang Lung's 11th project in China, is a hub of commerce, culture and community. Photo: courtesy Hang Lung Properties
Hong Kong property

Lights out for Taobao-partnered furniture showroom in October: sources

Landlord Sino Group seeking a new tenant for the second-floor shop at China Hong Kong City mall in Tsim Sha Tsui, marketing materials show.

Investing

Why more Hong Kong and mainland Chinese companies are building cash buffers

Cash holdings rise among traditional firms listed in Hong Kong and Shanghai as productive places to deploy capital dwindle, analysts say.

China property

Dialling down the dazzle: Hang Lung reshapes its China retail formula

Westlake 66 offers early test of Hang Lung’s ‘V3’ strategy, prioritising efficiency, tenant mix and organic expansion over new mega-projects.

Nestled in the heart of the Hangzhou CBD, Westlake 66 is Hang Lung’s 11th development in its ninth mainland city. Photo: Hang Lung
Hong Kong property

WeWork finds new lease of life in Hong Kong as uncertainty drives global demand

Companies pull back from traditional office commitments, driving a surge in flexible space demand as WeWork adds a new site in Causeway Bay.

WeWork in Causeway Bay. Flexible workspace pricing has remained relatively stable despite the broader downturn. Photo: Xiaomei Chen
Hong Kong property

SHKP posts another Sierra Sea sell-out as Hong Kong property rebound strengthens

Fifth consecutive sell-out at Sai Sha development shows recovery gathering pace, with analysts forecasting further price increases ahead.

China property

Hang Lung flags ‘tough slog’ for property, looks to mainland malls for growth

Hong Kong developer says property segment recovery will be slow, but sees mainland retail and consumption offering the clearest upside.

Hong Kong environmental issues

Opinion | Hong Kong needs to ask the hard questions about its net-zero challenge

Analytical depth in property developer Hang Lung’s net-zero report offers a glimpse of what the path to Hong Kong’s emissions goals might look like.

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Illustration: Craig Stephens
China property

Shanghai retail landscape evolves with new malls, shift to experiential shopping

Hang Lung, New World and Swire are renovating and expanding their malls in Shanghai to stay relevant in a competitive environment.

Malls in Shanghai are revamping with new concepts to keep consumers interested. Photo: Reuters
China property

How China’s ‘emotional spending’ trend is transforming shopping malls

Pop Mart takes over prime spots once reserved for high-end luxury brands as retail landlords scramble to adjust to changing consumer habits.

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Hong Kong property

Hang Lung earnings drop 14% as developer flags risks from tariff war, rates

Economic uncertainties may stall interest rate cuts by the Federal Reserve, hurting consumer spending and business expansion.

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Hong Kong stock market

Hong Kong stocks fall on worries about China’s deflationary pressure

Henderson Land Development falls after raising US$1 billion from the sale of convertible bonds.

A view of Victoria Harbour. Photo: Sam Tsang
Hong Kong stock market

Hong Kong stocks fall by most in 2 months on Fed inflation warning, oil jitters

Fed Chair says increases in tariffs are likely to stoke prices, with officials waiting to assess the impact when a truce expires on July 9.

Hong Kong

The hottest new openings in Hong Kong, May 25 – June 1

From Hygge’s cosy vibes and Tabià‘s Italian charm, to Fenty Beauty’s pop-up and Net-Work’s premium co-working space.

Hong Kong property

Hong Kong developer Hang Lung diversifies amid consumer challenges

‘We have to improve ourselves and make sure that our offering is relevant,’ CEO Weber Lo says.

A girl plays among candy decorations outside a shop at Peak Galleria in Hong Kong on August 4, 2024. Photo: Dickson Lee
Hong Kong property

Hang Lung Properties net falls on lower leasing profits, higher finance costs

Company says it faces headwinds in China and Hong Kong.

Hang Lung’s Plaza 66 in Shanghai. Photo: Hang Lung Properties
Business of climate change

Hang Lung pushes for faster decarbonisation in construction sector

Developer urges quicker regulatory progress and pilot programmes to expedite low-carbon material adoption, vital for decarbonising the sector.

Hong Kong property

Hang Lung Properties’ profit sinks 56% amid Hong Kong, mainland China slowdown

First-half net profit fell to HK$1.06 billion (US$135.7 million), from HK$2.39 billion a year earlier on lower rental revenues, higher costs.

Banking & finance

Hong Kong stocks recorded biggest weekly loss since January as 4-month rally cools

Hong Kong stocks fell for a fourth straight day and capped their biggest weekly loss since January, with a lack of positive earnings surprises and waning rate cut hopes adding to the gloom.

Pedestrians walk past Exchange Sqaure in Central under rainy and gusty conditions. Photo: Eugene Lee
China property

Hong Kong developer Hang Lung to expand flagship Shanghai mall Plaza 66

Hang Lung Properties is targeting discerning Chinese consumers’ penchant for luxury goods as it prepares to undertake the expansion of its flagship mall in Shanghai.

Plaza 66 is a high-end 592,000 sq ft mall in Shanghai’s West Nanjing Road. Photo: Handout
Banking & finance

Adriel Chan to succeed his father Ronnie Chan at Hong Kong’s Hang Lung Group

Hong Kong developer Hang Lung named Adriel Chan to succeed his father Ronnie Chan as its chairman, at a time when the real estate market is coming under more pressure and home prices are at a seven-year low.

China property

Hang Lung Properties reports 23 per cent profit growth amid slow economy

Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both domestically and internationally, company says.

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