It’s unclear. The usefulness of Hong Kong is supposed to stem from it being a bridge between China and the global financial system (allowing Chinese firms to ra

It’s unclear. The usefulness of Hong Kong is supposed to stem from it being a bridge between China and the global financial system (allowing Chinese firms to raise foreign capital and Chinese citizens to get their money out of China), and secondarily as a place with stable legal institutions which are useful to businesses. It seems like the former advantage is being reduced through HK’s special treatment being reduced, and the latter may or may not go away for businesses but I think that remains to be seen.