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The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of your couple of Hong Kong’s business elite together for the photo shoot was an idea easier in the conception in comparison to the execution. But after months of e-mails and speak to calls, amid the juggling of job, travel and family commitments, the date come to early June at one of city’s most chic cafes in 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 an urgent meeting; along with a third was due in the office by 5 p.m., eventhough it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later champagne, amid oohs and ahs at jewelry and garments, the girls swapped stories regarding lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Distance Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business whilst holding along 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 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.

As is also often the case among Asia’s prominent commercial clans, a web site 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 it has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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