Early Life
Vincent Lo Hong-sui was born in Hong Kong on April 18, 1948. He is the son of Lo Ying-shek, a Hong Kong property tycoon. Lo graduated from the University of New South Wales, Australia, in 1969, with a Bachelor of Arts/Economics.
Rise to Success
Lo started his business with a loan of HK$100,000 from his father. His early ventures included investing in Shanghai, where he built a hotel in partnership with the Shanghainese Communist Youth League in 1984. A major turning point in his career was the development of Xintiandi, a $170 million property development project in Shanghai, which transformed a historic area into a vibrant entertainment and retail district. In 1995, he acquired his first cement plant in Chongqing, which made Shui On Group one of China's top three cement companies.
Key Business Strategies
Lo's key business strategies involve identifying and investing in prime real estate opportunities, particularly in rapidly growing cities in China. His focus on mixed-use developments and the preservation of historical architecture has set him apart. He emphasizes sustainable urban communities. Lo's vision extends beyond mere construction; he aims to create dynamic spaces that blend the old with the new, fostering cultural and economic growth. He has also been expanding Shui On Land's presence in several Chinese cities, including Wuhan, Dalian, Foshan, and Hangzhou.
Philanthropy
Information about Vincent Lo's specific philanthropy amounts is unavailable in the search results.
