Hong Kong’s ultra-wealthy often suffer greater-than-average losses when the market is bad. Photo: LGM/Shutterstock

Why did so many super-rich Hongkongers lose their billionaire status in 2018?

The number of billionaires in Hong Kong last year has declined – it is the steepest drop in collective wealth of any region worldwide

Topic |   Luxury in China

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Hong Kong’s ultra-wealthy often suffer greater-than-average losses when the market is bad. Photo: LGM/Shutterstock
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