I am in the similar situation as you, Led.
My reason for Cathay is because the cadet pilot program gives you the training and a job in about a year and a half. The nicest thing is that I won't have to go into debt. My dream is the fly the big jets so CXCPP seem to align with my goal.
The consideration point would be that you will live in Hong Kong, not everyone likes living there, and you will have no housing allowance like your coworkers who did not go through the CXCPP.