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http://www.nepalairlines.com.np/?section=hkgvisa&action=browse

With effect from 12 July, 2010 Nepalese passengers travelling by
Nepal Airlines to the following countries via Hong Kong are exempted
from obtaining TRANSIT VISA for Hong Kong under floowing conditions.

• (a) the Nepalese airside passenger should hold a valid entry VISA bound for destinations in
  
  

  AUSTRALIA, CANADA,
  NEW ZEALAND, JAPAN, REPUBLIC OF KOREA, THE UNITED KINGDOM, THE USA, THE SHENGEN
  MEMBER STATES- AUSTRIA, BELGIUM, CZECH REPUBLIC, DENMARK, ESTONIA, FINLAND, FRANCE,
  GERMANY, GREECE, HUNGARY, ICELAND, ITALY, LATVIA, LITHUANIA, LUXMEBOURG, MALTA,
  NETHERLANDS, NORWAY, POLAND, PORTUGAL, SLOVAKIA, SLOVENIA, SPAIN, SWEDEN, AND
  SWITZERLAND.
  

  
  
  
  Or he/she is holding residence visa/permit of these countries. The temporary suspension of transit visa
  requirement is not applicable when the passenger returns to Nepal via Hong Kong;
  


• (b) the scheduled departure of the passengers from Hong Kong must be within 12 Hours or the same day of his/her
  scheduled arrival in Hong Kong;
  


• 
  (c) The passenger should submit the photocopy of ticket for onward connecting flight and copy of passport bearing
  photo of the passenger to the airlines.