Chinese visa in Hong Kong

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On some web site I read that if I have a Chinese visa in Hong Kong and in case of it's expiration during stay in Hong Kong it's a serious violation of law and there is a fine up to $50,000 or 3 years in prison.
I did not find such information anywhere else. Normally, I do not need a visa at all to visit Hong Kong for 14 days.
Is this information about fines in case of expiration of Chinese visa correct?
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Chinese Visa Appication in Hong Kong
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