The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an handful of Hong Kong’s business elite together for a photo shoot was a thought easier in the conception when compared to the execution. But after months of e-mails and make contact with calls, amid the juggling of job, travel and family commitments, the date arrived in early June at one of city’s most chic cafes in the up-and-coming Western district.


Then came the last-minute schedule changes: One rushed coming from a construction site in China, then dashed off early to offer a delivery; another was required to leave in advance of diary for an urgent meeting; as well as a third was due in the office by 5 p.m., though it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later champagne, amid oohs and ahs at jewelry and clothes, women swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s China Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is mixed up in the family’s hotel business while also holding on the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman on the family’s Cheuk Nang Holdings) and from shipping (Sabrina Chao chairs family-owned Wah Kwong Maritime Transport) to tippling (Lili Ma, daughter of Ping Protection Chairman and CEO Peter Ma, is director of Mayfair Fine Wines). Yen Kuok, youngest offspring of Malaysian-Chinese tycoon Robert Kuok, has website Guiltless, which sells secondhand luxury goods.

As is often necessity among Asia’s prominent commercial clans, a web of ties connects the viewers: Chiu, 36, and Sabrina Chao, 42, are sisters-in-law; Gigi Chao, 37, and Sabrina Chao are cousins; Sabrina Ho Chiu Yeng, 25, is besties with Chiu’s youngest sister and contains known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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