The Next Tycoons: Hong Kong Daughters

GETTING THE DAUGHTERS of an handful of Hong Kong’s business elite together to get a photo shoot was a concept easier in the conception than in 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 among city’s most chic cafes in the up-and-coming Western district.

Then came the last-minute schedule changes: One rushed from a construction site in China, then dashed off early to supply an address; another needed to leave before agenda for a sudden meeting; plus a third was due within 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 garments, the ladies swapped stories with regards to their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, part of father David Chiu’s China Consortium International; Sabrina ho chiu yeng, 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 often the case among Asia’s prominent commercial clans, an online of ties connects the audience: 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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