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The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an couple of Hong Kong’s business elite together for the photo shoot was a perception easier from the conception compared to the execution. But after months of e-mails and phone calls, amid the juggling of job, travel and family commitments, the date arrived at early June at one 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 supply an address; another were required to leave in front of agenda for a sudden meeting; plus a third was due in the office by 5 p.m., although it was Friday. These are not ladies of leisure.

But over dessert and later champagne, amid oohs and ahs at jewelry and clothes, women swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Far East Consortium International; Sabrina ho chiu yeng, daughter of casino magnate Stanley Ho, is mixed up in family’s hotel business whilst holding around 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 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.

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