It’s less that and more “ohh, it’s fine when they say it, but when I say it, it’s racist” which isn’t reasonable in the first place for the n-word, but doubly so in this case since we know there’s a lot of racism going around in the HK independence “movement.”
All this needs is to make the indigenous person a golden eagle, may not be such a direct relation to the supposed ancient ancestors but certainly more of a descendant than a lizard.