Unveiling Hang Lung V.3 Strategy
As we celebrated 65 years of growth, we also looked to the future with the unveiling of Hang Lung V.3 (“HL V.3”) – our next strategic chapter building on decades of success in Hong Kong and the Chinese Mainland. Our story began with HL V.1, a foundational period marked by diverse ventures that embedded Hang Lung deeply into Hong Kong’s business landscape. HL V.2 ushered in a transformative era of large-scale expansion into the Chinese Mainland, with a focus on landmark mixed-use developments that defined our presence across key cities.
Now, HL V.3 represents a strategic pivot – from greenfield development toward a more capital-efficient model centered on unlocking the full potential of our existing portfolio. This phase emphasizes selective enhancements, strategic management contracts, and adjacent developments that deliver high impact while optimizing returns.
“HL V.3 is a natural evolution that complements the HL V.2 model by leveraging established market presence. It unlocks greater value for stakeholders by focusing on Core City Expansion, ROI Growth, and Customer Experience Elevation,” said our Chair, Mr. Adriel Chan.
“I feel deeply honored to be part of this remarkable journey. It is both humbling and inspiring to lead a Company with such a rich legacy, built on the dedication, resilience, and integrity of generations of colleagues. Hang Lung has always stood for doing the right thing and doing it well. Today, as we embark on our HL V.3 strategy, I am filled with optimism for the future – because I know we are building on strong foundations, with an exceptional team that shares a common vision.” said Mr. Weber Lo, Chief Executive Officer of Hang Lung Group and Hang Lung Properties.