I get stalled installing a new VM via qemu with missing files (/bin/hw-detect and /bin/check-missing-firmware) and missing kernel ('No installable kernel found').
I work around the first issue by switching to a bash terminal and creating dummy files with exit code 0:
$ echo -e '#!/bin/sh\nexit 0' > /bin/hw-detect
$ chmod +x /bin/hw-detect
$ cp /bin/hw-detect /bin/check-missing-firmware
Then continue with installation before running into the aforementioned kernel issue.
I got a more complete log on this.
(So Long, and Thanks for All the Fish)