Another Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of a handful of Hong Kong’s business elite together to get a photo shoot was a perception easier within the conception than in the execution. But after months of e-mails and call calls, amid the juggling of job, travel and family commitments, the date found its way to early June at among city’s most chic cafes within 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 an address; another were required to leave ahead of schedule for a sudden meeting; plus a third was due within the office by 5 p.m., even though it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and garments, the girls swapped stories about their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Asia Consortium International; Sabrina ho, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business whilst holding around the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman on 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 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 a fact of life among Asia’s prominent commercial clans, a web site of ties connects the group: 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 it has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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