The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an handful of Hong Kong’s business elite together for the photo shoot was an idea easier within the conception compared to the execution. But after months of e-mails and phone calls, amid the juggling of job, travel and family commitments, the date arrived at 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 from the construction site in China, then dashed off early to offer a delivery; another needed to leave in front of diary for a sudden meeting; plus a third was due in 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, women swapped stories about their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, a part of father David Chiu’s China Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is mixed up in family’s hotel business while also holding down the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman at 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 necessary among Asia’s prominent commercial clans, a web site 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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