Redeveloping Shanghai

Shui On''s Vincent Lo shows how old money can also foster entrepreneurialism in Shanghai real estate.

It is typical of Vincent Lo's charm and generosity that when this correspondent was unavoidably held up ahead of the meeting, he showed not the slightest irritation, despite his packed schedule. Dressed simply in perfectly cut clothes, Lo is imperturbable about the incident. He admits his serenity comes partly from doing martial arts and yoga, which also no doubt contribute to his vigorous look.

We meet in the luxury club house reserved for Shui On directors in the heart of Xintiandi - New Heaven and Earth, the hub of what is an extraordinary project. It is tempting to anybody who has experienced this bustling downtown area just south of Shanghai's liveliest street, Huai...

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