Yes, you'll have to live in HKG, probably for all of what passes for your 'career', on a very sub-standard housing package.
Due to under-resourced and incompetent Company administration of tax issues, bases are off the radar for the moment, with thousands of pilots senior to you even if they do become available.
If your bull****e filter is working properly, a good trawl of the related 'Wannabes' forum will be very revealing. I agree that the Middle East would be a far better option for you.
Good luck.