More than 160 buyers of new government-subsidised flats in Hong Kong have on average earned HK$2.53 million each by quickly reselling the properties at double the purchase price, a concern group has found.The Federation of Public Housing Estates, an alliance, said on Wednesday such homes had become commodities for profiteering, with a leading adviser for the Housing Authority adding it would look into setting up more restrictions against speculation.The concern group found a total of 167 buyers…

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