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Xintiandi, originally a haven for expatriates, is now Shanghai's number one tourist attraction for Chinese visitors, says Vincent Lo, chairman of Shui On.
ECONOMIST: China
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"We see (overall) market transactions picking up, as the government is making it easier for first-time home buyers, " said Vincent Lo, chairman of Shanghai-based developer Shui On Land Ltd.
WSJ: China Steps Up Support for Parts of Housing Market
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His more prominent supporters include Hang Lung Properties Chairman Ronnie Chan and Shui On Land Chairman Vincent Lo, ranked 14 and 25 on the Hong Kong Rich List, respectively.
FORBES: Hong Kong's Tycoons Back The Wrong Horse?
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The complaint filed by the Hong Kong investors, which include Henry Cheng and Vincent Lo, claims Trump threatened to file a new action against them in a different court the Delaware Chancery Court to avoid the risk of sanctions.
FORBES: Donald Trump Will Get His Day in Court Again...and Again...and Again.