- CEO
- Luen Hung Lau
- Full Time Employees
- 1,006
- Sector
- Retail trade
- Industry
- Department stores
- Address
- East Point Centre Hong Kong Hong Kong
- IPO Date
- Jul 15, 2016
- Business
- Lifestyle China Group Limited, an investment holding company incorporated in 2016 and headquartered in Causeway Bay, Hong Kong, operates department stores, supermarkets, and related retailing businesses primarily in the People's Republic of China. The Group runs two Fashionable Lifestyle department stores under the Jiuguang brand in Shanghai and Suzhou, offering a wide range of merchandise including apparel, cosmetics, and household products; it also manages a large commercial complex, Shanghai Jiuguang Center, with a gross floor area of 350,000 square meters that blends shopping, leisure, and lifestyle experiences; additionally, it operates supermarkets, engages in property investment and development, and maintains a strategic equity interest in Beiren Group, a leading retailer in Shijiazhuang, Hebei Province, covering department stores, supermarkets, electrical appliances, gold and jewelry, and outlet malls. Targeting mid-range to upper-end consumers, the Group optimizes product mixes, enhances omnichannel integration through platforms like Douyin for live-streaming and click-and-collect services, promotes green consumption and digital transformation, and organizes promotional activities to deliver one-stop shopping scenarios. In recent developments, the Group faces an ongoing privatization proposal by Fortune Spirit Group Limited, with the offer price raised to HK$0.98 per share in January 2025 after an initial HK$0.913 in December 2024, alongside plans for share cancellation and delisting from the Hong Kong Stock Exchange; it continues adjusting business strategies amid market changes, including tenant mix optimization and scenario-based consumption as highlighted in its interim results for the six months ended June 2025; board changes in March 2023 saw the appointment of executive directors Mr. Lau Kam Sen and Ms. Lau Kam Shim, children of Chairman Lau Luen Hung.