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HK property developer Cecil Chao and his gay daughter Gigi. [photo / xkb.com.cn]

A Hong Kong tycoon may double a "marriage bounty" to find a male suitor for his gay daughter to US$130 million, despite his initial offer attracting 20,000 candidates, a report said.

Two years ago, wealthy property developer Cecil Chao made global headlines by offering a reward of HK$500 million (US$65 million) to any man who could persuade his daughter Gigi to marry.

He is now considering increasing the offer, a report in a Malaysian financial publication said.

The 77-year-old tycoon "hinted this figure could be doubled (to HK$1 billion) if someone could capture her heart," The Edge said.

"I don't want to interfere with my daughter's private life. I only hope for her to have a good marriage and children as well as inherit my business," Chao told the publication.

But this fresh attempt at a financial sweetener for any man who can win Gigi's heart has left her upset and her female partner of nine years Sean Eav "distraught," the South China Morning Post said.

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