Vincent Lo Hong-shui, GBM, GBS, JP (; 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 The University of New South Wales (UNSW), also known as UNSW Sydney, is a public research university based in Sydney, New South Wales, Australia. It is one of the founding members of Group of Eight, a coalition of Australian research-intensive ...

, Australia, in 1969. 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 built a hotel in partnership with the Shanghainese

Communist Youth League The Communist Youth League of China (CYLC), also known as the Young Communist League of China or simply the Communist Youth League (CYL), is a youth movement of the People's Republic of China for youth between the ages of 14 and 28, run by the ...

. The

1989 Tiananmen Square protests and massacre The Tiananmen Square protests, known in Chinese as the June Fourth Incident (), were student-led demonstrations held in Tiananmen Square, Beijing during 1989. In what is known as the Tiananmen Square Massacre, or in Chinese the June Fourth ...

caused occupancy to plunge, and the league could not repay its construction loan. Lo assisted the league in dealing with the loan:

Han Zheng Han Zheng (; born 22 April 1954) is a Chinese politician serving as the Senior Vice Premier of the State Council. He has also been leader of the Central Leading Group on Hong Kong and Macau Affairs since April 2018. From 2017 to 2022, he serve ...

was the Youth League secretary at the time, and is now mayor of

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...

. In association with

Xu Kuangdi Xu Kuangdi KmstkNO FREng (; born December 1937) is a Chinese politician and scientist, best known for his term as Mayor of Shanghai from 1995 to 2001. He supervised the transformation of Shanghai during his administration into a center for in ...

, 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 The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and One-party state, sole ruling party of the China, People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victoriou ...

held its first meeting, now known as

Xintiandi Xintiandi (, Shanghainese: ''Shinthidi'' lit. "New Heaven and Earth",Warr, Anne: ''Shanghai Architecture'', The Watermark Press, 2007, fig. "New World") is an affluent car-free shopping, eating and entertainment district of Shanghai. Xintiand ...

. 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. In 1995, he bought his first cement plant in

Chongqing Chongqing ( or ; ; Sichuanese dialects, Sichuanese pronunciation: , Standard Mandarin pronunciation: ), Postal Romanization, alternately romanized as Chungking (), is a Direct-administered municipalities of China, municipality in Southwes ...

, which has enabled 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 Wuhan (, ; ; ) is the capital of Hubei, Hubei Province in the China, People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the List of cities in China ...

Dalian Dalian () is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China. Located on the ...

Foshan Foshan (, ), alternately romanized as Fatshan, is a prefecture-level city in central Guangdong Province, China. The entire prefecture covers and had a population of 9,498,863 as of the 2020 census. The city is part of the western side of the ...

and

Hangzhou Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, whi ...

, as well as Chongqing. He was awarded the Grand Bauhinia Medal (GBM) by the Hong Kong SAR Government in 2017.

Family

Vincent Lo married his ex-wife Jean Ho (何晶潔) in 1985, they had 2 children together. Vincent Lo and his current wife

Loletta Chu Loletta Chu (born 7 September 1958 in Mandalay, Myanmar) is a Chinese actress and beauty pageant titleholder. She was the winner of the 1977 Miss Hong Kong Pageant. Early life Chu was born in Mandalay, Myanmar, in 1958 into an ethnic Chine ...

married at 27 November 2008.

References

External links

Shui On GroupCNN Interview of Vincent Lo
(transcript), 9 April 2007 * {{DEFAULTSORT:Lo, Vincent 1948 births Living people Hong Kong billionaires Hong Kong chief executives Hong Kong real estate businesspeople University of New South Wales alumni Recipients of the Gold Bauhinia Star Recipients of the Grand Bauhinia Medal Progressive Hong Kong Society politicians Business and Professionals Federation of Hong Kong politicians Members of the National Committee of the Chinese People's Political Consultative Conference Members of the Preparatory Committee for the Hong Kong Special Administrative Region Hong Kong Basic Law Consultative Committee members Hong Kong Affairs Advisors Members of the Selection Committee of Hong Kong Members of the Election Committee of Hong Kong, 1998–2000 Members of the Election Committee of Hong Kong, 2000–2005 Members of the Election Committee of Hong Kong, 2007–2012 Members of the Election Committee of Hong Kong, 2012–2017