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I guess being a software engineer is definitely a plus for you. The main issues with finding a job in HK would be the work permit. If you have it, there's no reason why you should not be getting a job whether you're an Indian or of any other nationality.
Moreover, also find out about the campus placement facilities of HKUST...if that's good, you won't really need to go out and do everything by yourself, saves a lot of effort by you.
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