Hang Lung Properties Management

Management criteria checks 3/4

Hang Lung Properties' CEO is Weber Lo, appointed in Jul 2018, has a tenure of 6.33 years. total yearly compensation is HK$32.70M, comprised of 63% salary and 37% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth HK$7.35M. The average tenure of the management team and the board of directors is 2.3 years and 8 years respectively.

Key information

Weber Lo

Chief executive officer

HK$32.7m

Total compensation

CEO salary percentage	63.0%
CEO tenure	6.3yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Weber Lo's remuneration changed compared to Hang Lung Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	HK$3b
Mar 31 2024	n/a	n/a	HK$3b
Dec 31 2023	HK$33m	HK$21m	HK$4b
Sep 30 2023	n/a	n/a	HK$4b
Jun 30 2023	n/a	n/a	HK$4b
Mar 31 2023	n/a	n/a	HK$4b
Dec 31 2022	HK$32m	HK$20m	HK$4b
Sep 30 2022	n/a	n/a	HK$4b
Jun 30 2022	n/a	n/a	HK$4b
Mar 31 2022	n/a	n/a	HK$4b
Dec 31 2021	HK$35m	HK$19m	HK$4b
Sep 30 2021	n/a	n/a	HK$3b
Jun 30 2021	n/a	n/a	HK$2b
Mar 31 2021	n/a	n/a	-HK$185m
Dec 31 2020	HK$35m	HK$19m	-HK$3b
Sep 30 2020	n/a	n/a	-HK$1b
Jun 30 2020	n/a	n/a	HK$119m
Mar 31 2020	n/a	n/a	HK$3b
Dec 31 2019	HK$36m	HK$19m	HK$6b
Sep 30 2019	n/a	n/a	HK$7b
Jun 30 2019	n/a	n/a	HK$7b
Mar 31 2019	n/a	n/a	HK$7b
Dec 31 2018	HK$33m	HK$11m	HK$8b

Compensation vs Market: Weber's total compensation ($USD4.21M) is above average for companies of similar size in the Hong Kong market ($USD490.30K).

Compensation vs Earnings: Weber's compensation has been consistent with company performance over the past year.

CEO

Weber Lo (53 yo)

6.3yrs

Tenure

HK$32,700,000

Compensation

Mr. Wai Pak Lo, also known as Weber, has been an Executive Director of Hang Lung Group Limited and Hang Lung Properties Limited since May 16, 2018. Mr. Lo served as Chairman of Citibank (China) Co., Ltd. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wenbwo Chan	Executive Chair of the Board	8yrs	HK$21.40m	0.014% HK$ 4.5m
Wai Pak Lo	CEO & Executive Director	6.3yrs	HK$32.70m	0.022% HK$ 7.3m
Ka Kui Chiu	CFO & Executive Director	2.7yrs	HK$9.30m	no data
Yiu-Ming Wong	Deputy Director – Technology & Digital	less than a year	no data	no data
Shun Ngar Poon	Director of Human Resources & Administration	5.6yrs	no data	no data
Yuen Wah Ma	Director of General Counsel & Company Secretary	3.4yrs	no data	no data
Kam Hung Chow	Deputy Director & Head of Corporate Audit	4.8yrs	no data	no data
Helen Lau	Deputy Director & Head of Hong Kong Business Operation	3.8yrs	no data	no data
John Haffner	Deputy Director of Sustainability	1.8yrs	no data	no data
Wun Yee Tse	Deputy Director of Group Treasury & Financial Planning	1.8yrs	no data	no data
Lai Ho	Director and Group Financial Controller	less than a year	no data	no data
Wai Keung Pau	Director of Property Management Services	less than a year	no data	no data

2.3yrs

Average Tenure

50yo

Average Age

Experienced Management: 101's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wenbwo Chan	Executive Chair of the Board	8yrs	HK$21.40m	0.014% HK$ 4.5m
Wai Pak Lo	CEO & Executive Director	6.5yrs	HK$32.70m	0.022% HK$ 7.3m
Ka Kui Chiu	CFO & Executive Director	3.1yrs	HK$9.30m	no data
Chichung Chan	Honorary Chair	less than a year	HK$45.80m	0.36% HK$ 118.9m
Nan Lok Chen	Independent Non-Executive Director	14.3yrs	HK$800.00k	no data
Wai Leung Yuen	Independent Non-Executive Director	38.8yrs	HK$1.00m	0.17% HK$ 55.4m
Yuen-Mei Fung	Independent Non-Executive Director	9.5yrs	HK$1.10m	no data
Ka Ching Chan	Independent Non-Executive Director	10.1yrs	HK$1.00m	no data
Tianfang Li	Independent Non-Executive Director	less than a year	no data	no data

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 101's board of directors are considered experienced (8 years average tenure).

Hang Lung Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Hang Lung Properties Limited Announces Board Changes

Executive Vice Chair of the Board recently bought HK$1.8m worth of stock

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

Hang Lung Properties Limited and Hang Lung Group Limited Announce Retirement of Mr. Ronnie Chichung Chan as the Chair, an Executive Director, and the Chair of Executive Committees, with Effect from April 26, 2024

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

CEO & Executive Director recently bought HK$506k worth of stock

Recent updates

Now 25% overvalued after recent price rise

Investor sentiment improves as stock rises 16%

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

Upcoming dividend of HK$0.12 per share

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.53 in 1H 2023)

New major risk - Dividend sustainability

Now 22% undervalued after recent price drop

Hang Lung Properties Limited to Report First Half, 2024 Results on Jul 30, 2024

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

New minor risk - Shareholder dilution

Hang Lung Properties Limited Announces Final Dividend for the Year Ended 31 December 2023, Payable on 14 June 2024

New minor risk - Dividend sustainability

Full year 2023 earnings released: EPS: HK$0.88 (vs HK$0.85 in FY 2022)

Hang Lung Properties Limited Announces Board Changes

Executive Vice Chair of the Board recently bought HK$1.8m worth of stock

Final dividend of HK$0.60 announced

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released: EPS: HK$0.88 (vs HK$0.85 in FY 2022)

Hang Lung Properties Limited and Hang Lung Group Limited Announce Retirement of Mr. Ronnie Chichung Chan as the Chair, an Executive Director, and the Chair of Executive Committees, with Effect from April 26, 2024

Hang Lung Properties Limited, Annual General Meeting, Apr 26, 2024

Now 20% overvalued

Hang Lung Properties Limited to Report Fiscal Year 2023 Results on Jan 30, 2024

Hang Lung Properties Limited Declares Interim Dividend to Be Paid in Cash on September 29, 2023

Upcoming dividend of HK$0.18 per share at 7.4% yield

CEO & Executive Director recently bought HK$506k worth of stock

First half 2023 earnings released: EPS: HK$0.53 (vs HK$0.43 in 1H 2022)

Hang Lung Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2023

Hang Lung Properties Limited to Report First Half, 2023 Results on Jul 31, 2023

Upcoming dividend of HK$0.60 per share at 5.5% yield

Full year 2022 earnings released: EPS: HK$0.85 (vs HK$0.86 in FY 2021)

Full year 2022 earnings released: EPS: HK$0.85 (vs HK$0.86 in FY 2021)

Hang Lung Properties Limited Proposes Final Dividend for the Year Ended 31 December 2022, Payable on 19 May 2023

Hang Lung Properties Limited to Report Fiscal Year 2022 Results on Jan 31, 2023

Insufficient new directors

Investor sentiment deteriorated over the past week

Executive Vice Chair of the Board recently bought HK$5.0m worth of stock

Upcoming dividend of HK$0.18 per share

CEO & Executive Director recently bought HK$669k worth of stock

CEO & Executive Director recently bought HK$798k worth of stock

First half 2022 earnings released: EPS: HK$0.43 (vs HK$0.50 in 1H 2021)

Hang Lung Properties Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 29 September 2022

Hang Lung Properties Limited to Report First Half, 2022 Results on Jul 28, 2022

Hang Lung Properties Declares Final Dividend for 2021

Insufficient new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hang Lung Properties Limited Declares Final Dividend for the Year Ended 31 December 2021 Payable on 19 May 2022

CEO & Executive Director recently bought HK$822k worth of stock

First half 2021 earnings released: EPS HK$0.50 (vs HK$0.56 loss in 1H 2020)

CEO & Executive Director recently bought HK$4.5m worth of stock

Upcoming dividend of HK$0.18 per share

First half 2021 earnings released: EPS HK$0.50 (vs HK$0.56 loss in 1H 2020)

Director of General Counsel has left the company

Independent Non-Executive Director has left the company

Hang Lung Properties Limited Declares Final Dividend

Upcoming dividend of HK$0.59 per share

Full year 2020 earnings released: HK$0.57 loss per share (vs HK$1.37 profit in FY 2019)

New 90-day high: HK$22.30

Hang Lung Properties Limited Announces Retirement of Ronald Joseph Arculli as Independent Non-Executive Director

Full year 2020 earnings released: HK$0.57 loss per share (vs HK$1.37 profit in FY 2019)

Revenue misses expectations

Hang Lung Properties Limited, Annual General Meeting, Apr 30, 2021

Hang Lung Properties Limited to Report Fiscal Year 2020 Results on Jan 28, 2021

Hang Lung Collaborates with Hyatt to Open New Luxury Grand Hyatt Hotel in Kunming

First half earnings released

Upcoming Dividend of HK$0.17 Per Share

New 90-day high - HK$21.75

CEO Compensation Analysis

CEO