Another Tycoons: Hong Kong Daughters

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Receiving the DAUGHTERS of the couple of Hong Kong’s business elite together for a photo shoot was a thought easier from the conception when compared to the execution. But after months of e-mails and speak to 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 offer an address; another had to leave before schedule for a sudden meeting; and a third was due in the office by 5 p.m., although 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 women swapped stories regarding their lives and work, which run from services (Winnie Chiu heads Dorsett Hospitality, part of father David Chiu’s Asia Consortium International; Sabrina ho chiu yeng, daughter of casino magnate Stanley Ho, is active in the family’s hotel business whilst holding down 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, 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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