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Hong Kong protests

Payback: China presses Hong Kong magnates to share the wealth

Beijing pushes super-rich to help solve city's chronic housing shortage

Of Hong Kong's big four property developers -- Adrian Cheng, Raymond Kwok, Li Ka-shing and Lee Shau Kee -- only three have answered Beijing's call to resolve the city's housing crisis. (Nikkei montage/Getty images/AP/Reuters)

HONG KONG -- Hong Kong's real estate tycoons are belatedly learning the merits of inclusive capitalism -- but only with a prod from Beijing.

When Chinese state media accused Hong Kong's billionaires last month of land hoarding, sowing the seeds of the housing shortage now fueling the biggest protests in the city's history, three of the "big four" developers worth a combined $120 billion took heed.

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