Hong Kong developer Hang Lung Properties has tapped Leo Tsoi Tak-lun, CEO of Toys ‘R’ Us Asia and former head of Starbucks China, as its new CEO and executive director. Tsoi will join Hang Lung Group and Hang Lung Properties on September 7 as CEO-designate and executive director ahead of formally assuming the CEO role on October 1. Retiring Hang Lung CEO Weber Lo Wai-pak in Central, Hong Kong, on January 27, 2025. Photo: Edmond SoPrior to this role, he headed Starbucks China as CEO after holding several senior leadership positions in the US coffee giant. Earlier in his career, Tsoi “built a strong leadership foundation” at PepsiCo and Procter & Gamble Greater China, Hang Lung said.