https://www.scmp.com/economy/china-economy/article/3024421/china-extends-pilot-free-trade-zones-strategic-border-regions
China has just announced 6 new FTZz to fight the US-China trade war and also to marginalize HK. FTZs are basically tariff-free or have negligible tariffs to encourage a free flow of trading goods and services.
HK is really a sunset city now. Nonetheless, HK is still part of China and China has promised that Hongkongers will be accorded with the same status as Shenzhen residents if they work and invest in Shenzhen. Therefore, there will be an outflow of talents in HK in the future.
http://sg-stock.blogspot.com/2019/08/omg-china-has-displaced-hong-kong-with.html
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