How much does nationality matter in MBA application?

Hi,

How much does nationality matters in MBA application?

I am an Asian, have lived in (Australia) for 6 years when I small. And then I went back to HK when I was 6 ( lived there for 11 years) before I left to US for college and have lived in US since then (10 years). I hold citizenship for both HK and Australia.

I have recently spoken to a couple consultants. I have a decent GMAT score, work profile. But when I told them I am from HK, they told me that some dreams schools will be a huge stretch. Admission will be super competitive because HK will be in the China pool. (They expect you to have higher GMAT score, more achievements and a higher GPA. It will require extra effort to differentiate myself from the others. ).

I was recently checking the HBS website. Recent stat shows the number of admitted students from Pacific countries is about ~20 people .

So the question will be: Provided the same profile, will I stand a higher chance if I apply as Australian instead of HK for the top schools (HBS, GSB, Wharton, MIT) ? Is nationality something that they will look at?

Thanks!