The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of the few Hong Kong’s business elite together to get a photo shoot was an idea easier from the conception in comparison to 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 from the up-and-coming Western district.


Then came the last-minute schedule changes: One rushed from your construction site in China, then dashed off early to deliver a delivery; another needed to leave ahead of schedule for a sudden meeting; plus a third was due within the office by 5 p.m., eventhough it was Friday. These are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and clothes, the ladies swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, a part of father David Chiu’s Asia Consortium International; Sabrina ho, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while holding on 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 Protection Chairman and CEO Peter Ma, is director of Mayfair Fine Wines). Yen Kuok, youngest offspring of Malaysian-Chinese tycoon Robert Kuok, has website Guiltless, which sells secondhand luxury goods.

As is also a fact of life 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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About the Author: Annette Nardecchia

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