Ko shot a bogey-free final round of 65 to finish at 11-under but she couldn't make ground on South Korea's Eun-Hee Ji who was 17-under for the Swinging Skirts event.
Ko bagged a four-under par 68 in today's third round in Taipei to give herself the slimmest of chances at a first LPGA title since July last year.
Greensman John Spraggs has tended to the course after a stint at this year's Masters.
An erratic first round including two double bogies and a triple bogey left Lee tied 60th.
Ko's magic on the seventh hole helped her climb to a share of ninth after the first round of the KEB Hana Bank Championship.
Fox is sitting third at the Alfred Dunhill Links Championship, which pairs a pro with a celeb.
Kang has criticised event organisers at the NZ Women's Open today after they allowed play to continue during atrocious weather conditions.
Bad weather has lashed Windross Farm throughout today's fourth round, with only a handful of golfers playing more than nine holes.
The duo both failed to automatically keep their cards for 2018 after finishing outside the leading 125 golfers on points earned.
Brooke Henderson shared the course with the rising Kiwi talents before the tournament begins on Thursday.