The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an few Hong Kong’s business elite together for any photo shoot was an idea easier in the conception in comparison to the execution. But after months of e-mails and call calls, amid the juggling of job, travel and family commitments, the date found its way to early June at one among city’s most chic cafes in 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 was required to leave ahead of agenda for an urgent meeting; plus a third was due during the office by 5 p.m., though it was Friday. These aren’t ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and clothes, women swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s China Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is active 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 online site Guiltless, which sells secondhand luxury goods.

Out of the box a fact of life 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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