The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of the number of Hong Kong’s business elite together for the photo shoot was an idea easier inside the conception in comparison to 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 among 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 provide an address; another had to leave ahead of diary for a sudden meeting; plus a third was due during the office by 5 p.m., eventhough it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and garments, women swapped stories about their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, part of father David Chiu’s Distance Consortium International; Sabrina ho chiu yeng, daughter of casino magnate Stanley Ho, is active in the family’s hotel business while holding along 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 Protection 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 often the case among Asia’s prominent commercial clans, a web 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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