Another Tycoons: Hong Kong Daughters

Receiving the DAUGHTERS of your few Hong Kong’s business elite together for the photo shoot was an idea easier from the conception compared to the execution. But after months of e-mails and phone calls, amid the juggling of job, travel and family commitments, the date arrived at 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 coming from a construction site in China, then dashed off early to provide an address; another was required to leave in front of schedule for an urgent meeting; plus a third was due during the office by 5 p.m., eventhough it was Friday. These aren’t ladies of leisure.

But over dessert and then champagne, amid oohs and ahs at jewelry and clothes, the ladies swapped stories with regards to their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, portion of father David Chiu’s Distance Consortium International; Casino tycoon daughter, daughter of casino magnate Stanley Ho, is involved in the family’s hotel business while 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 An Insurance 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 often the case among Asia’s prominent commercial clans, a web 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 contains known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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