The following Tycoons: Hong Kong Daughters

Obtaining the DAUGHTERS of the few Hong Kong’s business elite together for any photo shoot was a perception easier within the conception when compared to the execution. But after months of e-mails and phone calls, amid the juggling of job, travel and family commitments, the date found its way to early June at one among city’s most chic cafes within 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 a delivery; another needed to leave in front of schedule for an urgent meeting; plus a third was due during the office by 5 p.m., although it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later on 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, part of father David Chiu’s Asia Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is mixed up in 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 A coverage 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 they are often necessity 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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