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Hang Lung Announces CEO Retirement and Leadership Transition Plan

Story Highlights
  • Hang Lung specializes in premium property investment and development across Hong Kong and mainland China.
  • CEO Weber Lo’s retirement initiates a leadership transition with plans for continued advisory involvement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hang Lung Announces CEO Retirement and Leadership Transition Plan

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An announcement from Hang Lung Properties ( (HK:0101) ) is now available.

Hang Lung Properties Limited has announced the retirement of Mr. Weber W.P. Lo, its Chief Executive Officer and Executive Director, effective on or before August 31, 2026. The company is actively searching for his successor to ensure a smooth leadership transition. Mr. Lo, known for his exceptional guidance and dedication to the company, will provide advisory support in an official capacity following his retirement, signaling continuity in strategic oversight for the group.

The most recent analyst rating on (HK:0101) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Hang Lung Properties stock, see the HK:0101 Stock Forecast page.

More about Hang Lung Properties

Hang Lung Properties Limited operates in the real estate industry, specializing in property investment, development, and management. The company focuses on high-end retail and commercial properties in Hong Kong and mainland China, aiming to deliver quality and sustainable developments.

Average Trading Volume: 8,816,976

Technical Sentiment Signal: Hold

Current Market Cap: HK$45.16B

Learn more about 0101 stock on TipRanks’ Stock Analysis page.

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