The subsequent Tycoons: Hong Kong Daughters

Having the DAUGHTERS of an number of Hong Kong’s business elite together for the photo shoot was a thought easier within the conception than in the execution. But after months of e-mails and call calls, amid the juggling of job, travel and family commitments, the date arrived in early June at 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 provide an address; another was required to leave in front of schedule for an urgent meeting; and a third was due back in 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 women swapped stories regarding 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 the family’s hotel business while also 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 An Insurance 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 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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