The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an number of Hong Kong’s business elite together to get a photo shoot was a perception easier from the conception in comparison 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 of city’s most chic cafes from the up-and-coming Western district.


Then came the last-minute schedule changes: One rushed from a construction site in China, then dashed off early to offer a delivery; another were required to leave in advance of schedule for a sudden meeting; along with a third was due during the office by 5 p.m., although it was Friday. These bankruptcies are not ladies of leisure.

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

As is necessary among Asia’s prominent commercial clans, a web of ties connects the audience: 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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