Yes...if you arrive exactly on time you (and your bags) should make it, as far as efficiency and ease is concerned you cannot beat HKIA. HOWEVER, come on here you'll be crossing your fingers the whole flight...if your flight is as much as 15 or 20 minutes late you're already cutting it way too close and your bags very likely won't make it. Take the later flight unless you have to make a meeting, best friend's wedding, etc.