Just out of curiousity. Were the HK FO payscales readjusted accordingly to help the loss of housing? It seems like the SO's just got completely chopped. I don't think they'll attract any experienced people to fill the SO gap with a package like that. Even in the ME Cadets and SO's are given housing allowance.
Sad to see that CX is going in the same direction as so many other expat "career airlines"