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MTR Corporation Limited is a majority government-owned public transport operator and property developer in Hong Kong which operates the Mass Transit Railway, the most popular public transport network in Hong Kong. It is listed on the Hong Kong Exchange and is a component of the Hang Seng Index.
The Mass Transit Railway (MTR) is a major public transport network serving Hong Kong.Operated by the MTR Corporation (MTRCL), it consists of heavy rail, light rail, and feeder bus services, centred around a 10-line rapid transit network, serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories.
Several future projects on the MTR have been put forward by the MTR Corporation to the Hong Kong Government. Some of these are still in planning stage. With the rail merger with the Kowloon-Canton Railway Corporation in 2007, the combined network increased to 211.6 kilometres (131.5 mi) and 84 stations. Committed and future railway projects ...
Despite some recent setbacks, MTR Corp's share price continues to do well. Here's why.
Two workers changing the sign at East Tsim Sha Tsui station after the merger Ticket gates at key interchange stations were removed one year after the merger. On 2 December 2007, the two major railway companies in Hong Kong, the Kowloon-Canton Railway Corporation, which operated the Kowloon-Canton Railway, and the MTR Corporation, which operated the MTR, merged their operations.
Hong Kong's rail network mainly comprises public transport trains operated by the MTR Corporation Limited (MTRC). The MTRC operates the metro network of the territory, the commuter rail network connecting the northeastern, northwestern and southwestern New Territories to the urban areas, and a light rail network in northwestern New Territories .
MTR expected construction would begin in 2023, and be open in 2030. [1] [13] However, in April 2023, the MTR Corporation announced it would re-tender the project at 'an appropriate time' after a failed bid in February of the same year, citing slow paces of economic recovery and high interest rates. [14] [15]
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. MTR Corporation Limited (SEHK:66) has returned to shareholders over ...