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Opinion

Hong Kong's billionaires should give up power to save the city

Government must act to reduce oligarchs' control in face of protests

| Hong Kong, Macao

If ever billionaires faced a no-win situation, this is it for Hong Kong tycoons.

For two months, the elite stayed eerily silent about the biggest protests in the city's history. Crossing political benefactors in China could be bad for their fantastically profitable monopolies.

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