A pedestrian walks past residential buildings in the Pok Fu Lam district of Hong Kong, China. (Photographer: Brent Lewin/Bloomberg)

Ultra-Rich Save Millions Exploiting Hong Kong Home Loophole

(Bloomberg) -- When Pan Sutong, the billionaire chairman of Hong Kong investment conglomerate Goldin Group, splashed out a reported HK$2.5 billion ($318 million) for a home in the exclusive enclave...

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