The Next Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of a couple of Hong Kong’s business elite together to get a photo shoot was a perception easier in the conception compared to the execution. But after months of e-mails and speak to calls, amid the juggling of job, travel and family commitments, the date come to 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 provide a delivery; another was required to leave before agenda for an urgent meeting; as well as a third was due within 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 clothes, the ladies swapped stories with regards to their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s Far East Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is active 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 they are often the case 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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