The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of your couple of Hong Kong’s business elite together to get a photo shoot was a thought easier from the conception compared to the execution. But after months of e-mails and make contact with calls, amid the juggling of job, travel and family commitments, the date arrived at early June at one of 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 supply a delivery; another had to leave ahead of diary for an urgent meeting; plus a third was due back in the office by 5 p.m., 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 clothes, the girls swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Distance Consortium International; Sabrina ho, daughter of casino magnate Stanley Ho, is mixed up in family’s hotel business whilst holding on 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 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, 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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