The pros and cons are not universal.

It is very difficult for the last three games that I want to play to get approval from the National Bank, so the possibility of being able to play them if I buy them from the National Bank is very low. If you buy the Hong Kong version, you are still buying a parallel import, except that the warranty is inconvenient, and there are no other shortcomings. The servers are divided into Hong Kong servers and American servers. You can play with the server wherever you register. Hong Kong servers have less new content and fewer resources, so most of them are still registered US servers. I don’t know in the future, but they may develop. After this autumn update, all versions of Xbox One will have Chinese interfaces, and the Hong Kong version will definitely have Chinese. However, if you switch languages, the corresponding languages ????for stores and games will change accordingly. At present, there is nothing useless. It is better than the Bank of China in that it is not region locked, but I definitely can’t play the games specially designed by the Bank of China, such as Battle of Cats, haha.

You can register for both the US and Hong Kong servers, and play whichever one you want. However, you should decide on a main account as soon as possible, because the achievements of the two accounts are not universal. And there is an advanced trick, that is, for example, an account registered in the Hong Kong server can be transferred to the US server. This is more complicated, and it can only be transferred a few times a year. When buying games, you can buy any game you want, including the American and Hong Kong versions, which have the advantage of not being region-locked. But generally speaking, Asian versions of games are more likely to come with Chinese. Do your homework before buying the game. The Hong Kong version of the game can be linked to the US version.