Another Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of the handful of Hong Kong’s business elite together for any photo shoot was an idea easier in the conception than in the execution. But after months of e-mails and speak to calls, amid the juggling of job, travel and family commitments, the date arrived at early June at certainly one of city’s most chic cafes in 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 before diary for an urgent meeting; plus a third was due in the office by 5 p.m., even though it was Friday. These are not ladies of leisure.

But over dessert and then champagne, amid oohs and ahs at jewelry and garments, women swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s China Consortium International; Sabrina ho, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business whilst holding down 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 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 the case among Asia’s prominent commercial clans, an internet 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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