As Hong Kong marks the fifth anniversary of the implementation of the Hong Kong National Security Law and the 28th anniversary of the establishment of the Hong Kong Special Administrative Region, the city is transitioning from a period of unrest to one of governance and prosperity. The National Security Law has been described as a starting point for Hong Kong's path toward stability and growth. Over the past six years since the pro-democracy protests ended, there has been a notable increase in the number of "new Hong Kong residents," primarily migrants from mainland China, which is contributing to a deeper integration of Hong Kong with China. This demographic shift and the evolving political landscape are influencing changes in Hong Kong’s business environment and societal structure, signaling a move toward closer alignment with mainland China.