The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an handful of Hong Kong’s business elite together for any photo shoot was an idea easier from the conception when compared to the execution. But after months of e-mails and call calls, amid the juggling of job, travel and family commitments, the date arrived at early June at among city’s most chic cafes from 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 provide a speech; another had to leave before schedule for a sudden meeting; plus a third was due within the office by 5 p.m., even 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, the girls swapped stories about their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Far East Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while also holding along the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman in 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 online site Guiltless, which sells secondhand luxury goods.

As is often necessity among Asia’s prominent commercial clans, an internet 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 possesses known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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