The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of a number of Hong Kong’s business elite together for the photo shoot was an idea easier inside the conception than in the execution. But after months of e-mails and make contact with calls, amid the juggling of job, travel and family commitments, the date come to early June at one of city’s most chic cafes inside 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 deliver a speech; another needed to leave in advance of diary for a sudden meeting; plus a third was due within the office by 5 p.m., although it was Friday. These are not ladies of leisure.

But over dessert and later champagne, amid oohs and ahs at jewelry and clothes, the girls swapped stories with regards to their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Distance Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while holding around 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 A 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.

Out of the box often the case among Asia’s prominent commercial clans, an online of ties connects the gang: 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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