Would Chiang Kai-shek return a retaken Hong Kong?

If a successful Chinese offensive retook Hong Kong during the war, would Chiang Kai-shek return it to Britain?

Probably, because continued British alliance and supplies would outweigh the immediate gain from keeping the city.

Chiang Kai-shek would have reasons to retain Hong Kong, but he would probably return it. China still needed Allied material and political support, and opening a dispute with Britain would threaten that relationship. The choice is framed as an alliance and supply calculation rather than a judgment about the later status of the colony. Chiang's poor record of selecting reliable intelligence officers could also complicate decisions around such an offensive.