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This question comes up often enough for it to warrant another explanation of the arrangements which prevail (current ImmD practice)…
Dear Visa Geeza,
I’m under the impression that when you leave a company that has been sponsoring your employment visa or if you are fired, that as long as your visa hasn’t expired you are allowed to stay in Hong Kong and look for new employment.
Can the company you have just left contact immigration and make your visa expire immediately so you therefore lose the right to stay in Hong Kong and look for work?
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Visit the original source and full text: Hong Kong Visa Geeza