Another Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of a number of Hong Kong’s business elite together for the photo shoot was a thought easier in the conception in comparison to the execution. But after months of e-mails and call calls, amid the juggling of job, travel and family commitments, the date arrived at early June at one of city’s most chic cafes in 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 deliver an address; another were required to leave before diary for an urgent meeting; along with a third was due back in the office by 5 p.m., eventhough it was Friday. These bankruptcies are not ladies of leisure.

But over dessert and then champagne, amid oohs and ahs at jewelry and clothes, the girls swapped stories about their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s Asia Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is mixed up in the family’s hotel business while also 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 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 is also necessary among Asia’s prominent commercial clans, an internet of ties connects the viewers: 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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