The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of a couple of Hong Kong’s business elite together for a photo shoot was an idea easier from the conception compared 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 among city’s most chic cafes from 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 speech; another had to leave in advance of schedule for an urgent meeting; as well as a third was due within the office by 5 p.m., even though it was Friday. These aren’t ladies of leisure.

But over dessert and later champagne, amid oohs and ahs at jewelry and clothes, 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; Sabrina ho chiu yeng, daughter of casino magnate Stanley Ho, is active 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.

As they are a fact of life among Asia’s prominent commercial clans, an internet 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 contains known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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