Take this and move on? You would have to be a bigger fool than you appear to be. 1% is a joke. Hkpa is a joke, it doesn't even address for a moment the cost of living in Hong Kong. Everything else is half arsed.
We have had nothing for over 4 years. I agree with the majority, don't sell out when the market is at an all time low for a bargain basement price. The market is at a turning point and to sell out now would be foolish. So hold the line and wait for market forces coupled with our own pressure to present a much better deal closer to what we deserve.
Afterall we have nothing to lose by holding our position if we look at the long term prospects of our career.