August 7, 2026

Hang Lung Properties Appoints Former Starbucks China Chief as New CEO

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Key Topics in this News Article:

China Coffee Expansion Hong Kong Real Estate Retail Signal Starbucks

News Snapshot:

Hong Kong-based real estate developer Hang Lung Properties has selected Leo Tsoi Tak-lun, previously the head of Starbucks China and currently the CEO of Toys ‘R’ Us Asia, to lead the company as its new CEO and executive director. Tsoi is set to commence his role as CEO-designate and executive director at Hang Lung Group and Hang Lung Properties on September 7, officially taking on the CEO position on October 1. He takes over from Weber Lo Wai-pak, who steps down on August 31 after eight years as CEO, according to a statement released by the company on Friday. Tsoi,…

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Hang Lung Properties Appoints Former Starbucks China Chief as New CEO

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