The Next Tycoons: Hong Kong Daughters

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


Then came the last-minute schedule changes: One rushed from the construction site in China, then dashed off early to provide a speech; another were required to leave in front of schedule for a sudden meeting; and a third was due back in the office by 5 p.m., eventhough it was Friday. These are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and clothes, the girls swapped stories regarding lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, a part of father David Chiu’s Distance Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is mixed up in 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 An Insurance Chairman and CEO Peter Ma, is director of Mayfair Fine Wines). Yen Kuok, youngest offspring of Malaysian-Chinese tycoon Robert Kuok, has online site Guiltless, which sells secondhand luxury goods.

As they are often necessity among Asia’s prominent commercial clans, a web of ties connects the group: 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 it has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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