Vincent Lo | |
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羅康瑞 | |
Born | Lo Hong-Sui 18 April 1948 |
Alma mater | St. Joseph College University of New South Wales |
Occupation | Chairman of Shui On Group |
Spouse(s) | Jean Ho (1985-?) Loletta Chu (2008-) |
Children | 2 |
Parent(s) | Lo Ying-shek To Lei-kwan |
Vincent Lo | |||||||||||||||
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Traditional Chinese | 羅康瑞 | ||||||||||||||
Simplified Chinese | 罗康瑞 | ||||||||||||||
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Vincent Lo Hong-sui, GBM, GBS, JP (Chinese: 羅康瑞; born 18 April 1948) is the chairman of Hong Kong-based Shui On Group, a building-materials and construction firm. He graduated from the University of New South Wales, Australia, in 1969.[citation needed] Upon returning to Hong Kong, started business with the sum of HK$100,000 (US$16,700) borrowed from his father, Hong Kong property tycoon Lo Ying-shek.
In 1984, Lo began investing in Shanghai and constructed a hotel in partnership with the Communist Youth League. The 1989 Tiananmen Square protests and massacre caused occupancy to plunge, and the league could not repay its construction loan. Lo assisted the league in dealing with the loan: Han Zheng was the Youth League secretary at the time, and is now mayor of Shanghai.
In association with Xu Kuangdi, a former Shanghai mayor, Han assisted Lo in gaining the right to develop a piece of land surrounding the hall where the Chinese Communist Party held its first meeting, now known as Xintiandi. The $170 million property development project is a 20,000 square meter complex of restaurants, bars and shops and is a prime entertainment spot in Shanghai. [citation needed]
In 1995, he acquired his first cement plant in Chongqing, which has allowed the Shui On Group to become one of China's top three cement companies. Under Lo's direction, the Shui On Group is carrying out property development projects in other Chinese cities, such as Wuhan, Dalian, Foshan and Hangzhou, as well as Chongqing. [citation needed]
He was awarded the Grand Bauhinia Medal (GBM) by the Hong Kong SAR Government in 2017.[1]