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Rapid_Jap - I think your understanding is wrong because the QMAS scheme firstly addresses the primary worker, then the dependents.
I.e. If say, a married man wanted to move to Hong Kong (e.g. due to an expat job transfer, or even just a decision to emigrate here and try his luck at finding a job), then if he meets the conditions in the QMAS scheme, he may be granted the right to live here with his family for upto 1 year initially. His dependants (e.g. wife) would also have the right to look for work without applying for a work visa (as they would be covered by default under the QMAS scheme).
The section you highlight seems to be saying that the man (in the above example) should secure a job or start a business in the 1st year to ensure that the employment/ business rights are renewed for future years (for him and his dependants).
The situation for those who are currently here as dependants of their working spouse will presumably depend on how the HK Government views renewals of work permits for the primary worker in future years. The articles don't seem to address this (unless I have missed something).
The FT article is interesting in that it says that since July 2003, 770 holders of dependants? visas had applied for work permits, with only one application rejected. Seems like the whole process has been a complete waste of administrative time - to filter out a single person from working!
Interesting times anyway!
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