The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of the few Hong Kong’s business elite together for any photo shoot was a thought easier within the conception than in the execution. But after months of e-mails and speak to calls, amid the juggling of job, travel and family commitments, the date found its way to early June at one among city’s most chic cafes within 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 deliver a delivery; another had to leave ahead of diary for an urgent meeting; as well as a third was due within the office by 5 p.m., even though it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and clothes, the ladies swapped stories regarding lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s China Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is mixed up in the family’s hotel business as well as holding on the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman with 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 A coverage 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.

Out of the box necessary among Asia’s prominent commercial clans, an internet of ties connects the gang: 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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