The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of the few Hong Kong’s business elite together for the photo shoot was a thought easier inside the conception than in the execution. But after months of e-mails and phone calls, amid the juggling of job, travel and family commitments, the date arrived in 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 coming from a construction site in China, then dashed off early to provide a delivery; another was required to leave ahead of schedule for an urgent meeting; as well as a third was due back in the office by 5 p.m., eventhough it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and then champagne, amid oohs and ahs at jewelry and garments, the ladies swapped stories regarding lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, a part of father David Chiu’s Distance Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while holding down 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 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.

Out of the box often necessity 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 contains known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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