Ambassador, British Airways; FlyerTalk Posting Legend
Join Date: Apr 2012
Location: Leeds, UK
Programs: BA GGL/CCR, GfL, HH Diamond
Posts: 42,964
Possibly. My understanding is that it will still be PCR on arrival. Also whilst you will be able to travel around HK in the first three days, you will not be able to enter most venues (e.g. restaurants, bars etc.).
So whilst it is an improvement, I am still not sure it is tempting for most people - unless you really need to go.