Another Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of an couple of Hong Kong’s business elite together for a photo shoot was a thought easier in the conception than in the execution. But after months of e-mails and speak to calls, amid the juggling of job, travel and family commitments, the date arrived in early June at 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 provide an address; another had to leave ahead of schedule for a sudden meeting; as well as a third was due within the office by 5 p.m., although it was Friday. These aren’t ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and garments, the ladies swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, part of father David Chiu’s Asia Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while 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 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, an internet 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 contains known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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