Photo taken on June 15, 2026 shows a resident moving his belongings from his family home in Tin Sam village close to the border to China in northern Hong Kong. An area roughly a third of Hong Kong including villages, natural wetlands and farmland are being converted into the "Northern Metropolis", an ambitious project aimed at deepening integration with the mainland, diversifying the economy and providing new homes. (Photo by Peter PARKS / AFP via Getty Images) / TO GO WITH AFP STORY: Hong Kong-economy-technology-development, FOCUS by Catherine LAI

Resident Niki So (C) and her family stand behind the gate of their village house as Hong Kong government officers carry out a land resumption operation against them in the Kwu Tung area of Hong Kong's northern New Territories, on June 23, 2026. An area roughly a third of Hong Kong including villages, natural wetlands and farmland are being converted into the "Northern Metropolis", an ambitious project aimed at deepening integration with the mainland, diversifying the economy and providing new homes. (Photo by Leung Man Hei / AFP via Getty Images) / TO GO WITH AFP STORY: Hong Kong-economy-technology-development, FOCUS by Catherine LAI

Kwu Tung resident Niki So shows old photos of life at her home on her mobile phone in Hong Kong, on June 17, 2026. An area roughly a third of Hong Kong including villages, natural wetlands and farmland are being converted into the "Northern Metropolis", an ambitious project aimed at deepening integration with the mainland, diversifying the economy and providing new homes. (Photo by Leung Man Hei / AFP via Getty Images) / TO GO WITH AFP STORY: Hong Kong-economy-technology-development, FOCUS by Catherine LAI

Resident Niki So settles into her newly rented home with her dogs after officials carried out a land resumption operation in the Kwu Tung area of Hong Kong's northern New Territories, on June 23, 2026. An area roughly a third of Hong Kong including villages, natural wetlands and farmland are being converted into the "Northern Metropolis", an ambitious project aimed at deepening integration with the mainland, diversifying the economy and providing new homes. (Photo by Leung Man Hei / AFP via Getty Images) / TO GO WITH AFP STORY: Hong Kong-economy-technology-development, FOCUS by Catherine LAI

Resident Niki So ,(L), covers her face while speaking on the phone at her newly rented home after officials carried out a land resumption operation in the Kwu Tung area of Hong Kong's northern New Territories, on June 23, 2026. An area roughly a third of Hong Kong including villages, natural wetlands and farmland are being converted into the "Northern Metropolis", an ambitious project aimed at deepening integration with the mainland, diversifying the economy and providing new homes. (Photo by Leung Man Hei / AFP via Getty Images) / TO GO WITH AFP STORY: Hong Kong-economy-technology-development, FOCUS by Catherine LAI

(FILES) Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026. September 11, 2026, the US Federal Reserve goes into a key rate-setting meeting next week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. The world's largest economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of US President Donald Trump's war on Iran, his signature tariff policies and the ongoing AI boom. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)

(FILES) Chair of the Federal Reserve Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 29, 2026. September 11, 2026, the US Federal Reserve goes into a key rate-setting meeting next week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. The world's largest economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of US President Donald Trump's war on Iran, his signature tariff policies and the ongoing AI boom. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)

(FILES) US Federal Reserve chairman Kevin Warsh speaks during a press conference in Washington, DC, on June 17, 2026. September 11, 2026, the US Federal Reserve goes into a key rate-setting meeting next week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. The world's largest economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of US President Donald Trump's war on Iran, his signature tariff policies and the ongoing AI boom. (Photo by Brendan SMIALOWSKI / AFP via Getty Images)