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Asia

Mainland Chinese, Hongkongers lead way in Forbes powerful women in Asia list

14 mainlanders and Hongkongers feature in Forbes list of top 50 Asian businesswomen

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Pansy Ho Chiu-king, the managing director of Shun Tak Holdings, made the Forbes list of the 50 most powerful businesswomen in Asia. Photo: Nora Tam
Raquel Carvalho

Women from the mainland and Hong Kong again dominated the annual Forbes list of the 50 most powerful businesswomen in Asia, with 14 top female decision-makers making the grade this year.

For the first time for any company, two of Alibaba's top businesswomen were on the list: Maggie Wu Wei, the e-commerce giant's chief financial officer, and Lucy Peng, a co-founder of the company and chief executive of its fast-growing Ant Financial Services affiliate.

Hong Kong's richest woman Pansy Ho Chiu-king, the managing director of Shun Tak Holdings, chairman of Jetstar Hong Kong and co-chairman of MGM China, with gambling-related projects in Macau, also featured. She is one of 17 children of casino magnate Stanley Ho Hung-sun.

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Huawei Technologies chairman Sun Yafang and Zhang Xin, co-founder and chief executive of Soho China, were another two business titans to appear.

Also included was Cheng Xue, who heads Foshan Haitian Flavouring & Food and was named on Forbes's China Rich List with a net worth of more than US$800 million.

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Women from 16 countries and regions were represented on Forbes' fourth annual Asia's Power Businesswomen list, which recognises women driving change across diverse industries.

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