The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of your few Hong Kong’s business elite together for a photo shoot was an idea easier from the conception in comparison 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 certainly one of city’s most chic cafes from 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 supply a speech; another was required to leave in front of schedule for an urgent meeting; as well as a third was due in the office by 5 p.m., even though it was Friday. These are not ladies of leisure.

But over dessert and later on champagne, amid oohs and ahs at jewelry and clothes, women swapped stories with regards to their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, section of father David Chiu’s China Consortium International; Stanley ho daughter, daughter of casino magnate Stanley Ho, is mixed up in family’s hotel business as well as holding down the CEO job at Poly Auction Macau) to property (Gigi Chao is vice chairman in 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 website Guiltless, which sells secondhand luxury goods.

As is a fact of life among Asia’s prominent commercial clans, an internet of ties connects the gang: 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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