SF preservations say they don't want their city turning into Hong Kong. So it's not objectively "ruined," just radically different from its current state. They are essentially conservative.
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They might not personally like it, which is a personal preference, but I wouldn't describe Hong Kong as 'pretty bad', which is a value judgement.
By most metrics, Hong Kong is a much more livable than just about anywhere in the United States.
Wouldn't go that far. HK has people living in cages: https://allthatsinteresting.com/cage-homes-hong-kong
I support HK in their freedom but yeah not sure I believe your statement about more livable than anywhere in the US (which is a highly subjective statement). It also sounds like you have never been to the US.