Hong Kong seeks developers for joint cross-border railway project to Shenzhen

Hong Kong seeks developers for joint cross-border railway project to Shenzhen

Hong Kong authorities will start gauging developers’ interest in constructing a planned cross-border railway in the northwest New Territories later this year, according to the city’s transport minister. Mable Chan, the secretary for transport and logistics, also revealed that the joint project, linking Qianhai in Shenzhen and Hung Shui Kiu in Hong Kong, could see…

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Hong Kong MTR Corp’s profit doubles to HK$15.77 billion driven by ridership, property

Hong Kong MTR Corp’s profit doubles to HK$15.77 billion driven by ridership, property

Hong Kong rail giant the MTR Corporation’s net profit doubled to HK$15.77 billion (US$2.03 billion) last year from HK$7.78 billion in 2023, its best performance in six years, driven by robust contributions from property development and strong demand for local and cross-border train services. It marked the firm’s strongest result since 2018 when it pulled…

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