The Next Tycoons: Hong Kong Daughters
GETTING THE DAUGHTERS of an few Hong Kong’s business elite together for the photo shoot was a concept easier inside 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 come to early June at one of city’s most chic cafes inside 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 offer an address; another was required to leave in advance of diary for an urgent meeting; as well as a third was due back in the office by 5 p.m., even though it was Friday. These bankruptcies are not ladies of leisure.
But over dessert and then champagne, amid oohs and ahs at jewelry and garments, women swapped stories regarding lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s Far East Consortium International; Sabrina ho chiu yeng, daughter of casino magnate Stanley Ho, is mixed up in family’s hotel business as well as 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 Protection Chairman and CEO Peter Ma, is director of Mayfair Fine Wines). Yen Kuok, youngest offspring of Malaysian-Chinese tycoon Robert Kuok, has online site Guiltless, which sells secondhand luxury goods.
Out of the box often the case 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 has known Yen Kuok, 26, since childhood; and Ma, 34, is friends with another of Chiu’s sisters.
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