Thanks for the clarification, just that a friend of mine did his type rating in Canada on A320 and converted it on Aussie ATPL, when he asked AHK about the requirement, they replied:
"Please note it is a pre-employment requirement that you hold a current CPL/ATPL including a valid Instrument Rating, Aircraft Rating and Proficiency Test."
Our understanding is that there is no way to hold an ATPL with valid type rating ie PC that doesn't include a valid IR. He asked AHK for clarification and got the above answer, so we thought valid IR and PC is a separate issue in HKG.