I'm not sure how you did the test, or if you confirmed your test light works by checking it across the battery. I went the lazy way and just got a test light at the shop for $7. Was the bike battery still connected, or the Hall sensor unplugged etc. I'll guess it was unplugged because the light remained off. Testing it that way, the light remains off until you turn the crankshaft (for example with an Allen key, anticlockwise, after removing the Hall sensor cover) until the Hall sensor cup gap lines up with the sensor, then the light comes on. If checking with the plug connected it's the other way around. It's easier to check with the Hall sensor connected, I'll attach a video later.
If you checked at the coils, as with the previous video, if it pulses, that would verify the Hall sensor's as working, as well as verifying the circuit to the coils.
The coils need a pulsing earth for the spark plugs to spark, but they depend on a signal from the Hall sensor's to do it. The injectors need a pulsing earth for them to inject fuel, but they also depend on a signal from the Hall sensor's to do it. So checking the injectors is another way to verify that the Hall sensor's are working. Using a screw driver like a stethoscope against the injectors, you should be able to hear a ticking sound while cranking, which would confirm that the Hall sensor's are working. If not, the injectors could be stuck, then you could confirm if there is a pulsing earth, using a test light. I'll attach a video of this as well, later.