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All Corps with "HK" in Their Names Were Purged...
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Edit: I am not personally involved in this (not from Hong Kong, never been to Hong Kong, not in a HK corp in the game), so I don't know anything in detail.

A better version is available here on reddit.

My refund requests went through.

tl;dr

At around 10pm local time on Sept 14 (10am EST, 7am PST on Sept 14), the accounts of leaders of the corps with "HK" in their name were took over by the dev/publisher, and members of those corps were kicked out of their corps.

Given that this is a Chinese game (from mainland China), I am not really surprised.

Some screenshots:

Purged corps

Purge in progress

Leader account getting taken over/purging in progress

Sources (in Chinese, both are from the largest gaming forum in Taiwan):

Source 1

Source 2

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5 years ago