A New Chapter for Hang Lung's Second-Largest Market in the Chinese Mainland

HONG KONG SAR and SHANGHAI, CHINA – Media OutReach Newswire – 16 September 2026 – Hang Lung Properties Limited (SEHK Stock Code: 00101) ("Hang Lung" or the "Company") today celebrated the opening of Xi Zhe Wuxi, Curio Collection by Hilton ("Xi Zhe Wuxi"), the crowning addition to Center 66's mixed-use destination. Bringing together retail, office, apartment and hotel components, Center 66 is a cornerstone of the Company's presence in Wuxi, its second-largest market on the Mainland. The arrival of Xi Zhe Wuxi reinforces the complex's role as a regional commercial benchmark, deepening the synergies between Hang Lung's developments in Shanghai, Wuxi, and Hangzhou, further advancing its contribution to the Yangtze River Delta integration. Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, said, "Hang Lung has built a strong presence in Wuxi for the past 13 years. The grand opening of Xi Zhe Wuxi marks a milestone in Phase Two of Center 66, reflecting the results of our long-term commitment to the city. As the first Curio Collection by Hilton in Hang Lung's portfolio, the hotel brings local culture to life through distinctive hospitality experiences. Leveraging Hilton's operational expertise and international clientele, both parties will create lifestyle synergies and further enhance the overall appeal of Center 66. We are confident that the complex will continue to set the benchmark for premium commercial development in Southern Jiangsu." Mr. Herman Chui, Senior Director – Office, Hotel & Residence at Hang Lung Properties, said, "Xi Zhe Wuxi fills a long-standing gap in Wuxi's upscale hospitality offering, giving the city a genuine anchor for bespoke travel and business stays. Curio Collection by Hilton complements Center 66 with elevated, individualized service that invites guests to stay longer and explore more of the destination. Equally important is the strength of our partnership with Hilton, whose global clientele mirrors the premium, discerning customer base we have cultivated over the years, opening the door to meaningful cross-brand synergies. Coinciding with Hang Lung's 66^th anniversary, Xi Zhe Wuxi marks an important milestone in the evolution of Center 66 ecosystem, which strengthens the appeal and competitiveness of the entire development." Located at the heart of the city, Center 66 delivers exceptional vibrancy by seamlessly integrating commerce, culture, and community. At its core, the mall has assembled one of the region's most distinguished luxury portfolios as the only address in Wuxi for boutiques including Hermès, Louis Vuitton, Dior and Gucci, etc. It is also home to over 250 international brands, including more than 30 ultra-luxury names and over 100 first-to-market stores. Complementing the mall, two Grade-A office towers bring a steady flow of business professionals on weekdays, Center Residences provides a stable residential base, and the newly opened Xi Zhe Wuxi adds hotel guests throughout the week, whether for business or leisure. Together, they foster a diverse community of residents, professionals, shoppers, and visitors, sustaining the complex's vibrancy. This diversity is further amplified by Center 66's reach beyond Wuxi itself, with nearly 30% of visitors traveling in from outside the city — a regional pull made possible by Wuxi's economic strength, with GDP reaching nearly RMB 1.7 trillion in 2025, up 5% year-on-year. Xi Zhe Wuxi, the brand's debut in Jiangsu Province, offers 105 rooms and suites across two distinctive buildings: a contemporary wing and a restored heritage residence originally built in 1933 by Wuxi entrepreneur Mr. Zhang Xiaocheng and his sister. The hotel's intimate scale supports a highly personalized guest experience. By weaving heritage and modernity into a single narrative, the two buildings add a strong cultural dimension into Center 66, infusing the complex's retail and business activities with a sense of local history and craftsmanship. Complementing its guestrooms, the...