Hang Lung Group and Hang Lung Properties announced on December 18 that group CEO and executive director Weber Lo will retire before August 31, 2026. The board has begun the process to select his successor, and Lo will assist in the leadership transition. Chairman Adriel Chan thanked Lo for his foresight, integrity, and dedication, highlighting his role in strengthening the company’s foundation and launching its long-term V.3 growth strategy. Lo stated that leaving before retirement age to pursue new personal plans has long been part of his intentions. He reflected on his eight-year tenure, during which the company enhanced its brand, expanded luxury partnerships, and improved customer relations.