Turbine100,
You wrote, "Therefore I would like to understand why they dont allow you to convert directly to a Hong Kong license when meeting the ICAO / Hong Kong CAA requirements for a straight conversation and then type rating.
I would rather have a full type rating and not P2X as it could potentially have the inability to move easily in the future."
You answered your own question there. CX is an airline that likes to control things. They control our bidding, our a/c choice, our rosters with Reserve, A, and O days, etc. By not giving you a higher rating, it gives them much greater control over you by not giving you the flexibility to advance your career if need be. If they give you the higher rating, you can easily leave when you figure out CX isn't for you.