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The Octopus card was originally introduced for fare payment on the MTR; [24] but usage quickly expanded to other retail businesses in Hong Kong. [25] The card is now commonly used in most public transport, fast food restaurants, supermarkets, vending machines , convenience stores, photo booths , parking meters , car parks , and many other ...
Credit cards are only accepted to purchase Airport Express tickets and tourist Octopus cards from automatic vending machines located within Hong Kong airport. There are also frequent-user passes, such as the MTR City Saver, which is valid at 67 stations and can be used for 40 trips over 40 days, and the Tuen Mun - Nam Cheong day pass, which is ...
As of 2007, Octopus Holdings Limited is a joint-venture business owned by five transport companies in Hong Kong; 57.4% by the MTR Corporation, 22.1% by the Kowloon-Canton Railway Corporation, 12.4% by Kowloon Motor Bus, 5% by Citybus, and 3.1% by New World First Bus. [6]
Before the COVID-19 pandemic, Airport Express services operated every 10 minutes from the start of service (05:54 from Airport and 05:50 from Hong Kong) and every 12 minutes from 23:28 (from Airport) and 00:00 (from Hong Kong) until the last service 00:48. Train service was reduced as passenger ridership was yet to completely recover.
Shenzhen Tong Company is promoting Hu Tong Xing at the unpaid area of Shenzhen University Station, Shenzhen Metro.The top one in the shelf is Hu Tong Xing Trade Edition Card (deep-blue) which is scheduled to sell only in Shenzhen and the bottom one is Hu Tong Xing Trade Edition Card (orange-yellow) which is scheduled to sell only in Hong Kong.
AIG (AIG) raised HK$138.3 billion ($17.8 billion) from the IPO of its main Asian unit, AIA, putting the troubled insurer on track to repay its U.S. government bailout.
Moody's Investors Service says that MTR Corporation Limited's (MTRC) profit warning for its 2020 results is credit negative, but will not have an immediate impact on the company's Aa3 issuer ...
The MTR operates the metro network within inner urban Hong Kong, Kowloon Peninsula and the northern part of Hong Kong Island with newly developed areas, Tsuen Wan, Tseung Kwan O, Tung Chung, Hong Kong Disneyland, the Hong Kong International Airport, the northeastern and northwestern parts of the New Territories.
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