Hang Lung Group (OTCMKTS:HNLGY) is an investment holding company headquartered in Hong Kong, principally engaged in property development and investment. The company’s operations span the full spectrum of real estate, including the development and management of commercial, retail, office and residential properties. Through its two core segments—property development and property investment—Hang Lung Group designs, constructs and leases high-end mixed-use complexes and flagship shopping centres that serve both local and international tenants.
Founded in the early 1960s by the Chan family, the group has evolved from a Hong Kong-centric property developer into one of the leading players in Mainland China’s urban real estate market. In the mid-1990s, Hang Lung Group embarked on a strategic expansion across major Chinese cities, opening its first mall in Shanghai and later establishing landmark projects in Shenyang and Guangzhou. Over time, the company has refined its focus to Tier 1 and Tier 2 cities, leveraging its brand appeal to attract global retail names and multinational corporations.
Today, Hang Lung Group’s portfolio includes flagship properties such as Plaza 66 in Shanghai, Grand Gateway 66 in Shanghai’s Puxi district and Parc 66 in Jinan, each offering a combination of retail boutiques, office towers and premium hotels. The group also maintains a presence in Chengdu, Wuxi, Tianjin, Wuhan and other fast-growing urban centres, where it applies a mixed-use development model to create integrated lifestyle destinations. These complexes typically feature art installations, public plazas and cultural programming designed to enhance customer engagement and sustain long-term foot traffic.
Leadership at Hang Lung Group reflects a blend of family stewardship and professional management. The company is chaired by Mr. Ronnie Chan, whose vision for luxury retail and urban renewal has guided its China strategy for decades. Supporting him is a team of veteran real estate executives responsible for project design, operations and tenant relations. Under this governance structure, Hang Lung Group continues to pursue measured growth, emphasizing sustainable building practices and community-oriented amenities that align with evolving consumer expectations in Greater China.
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