The Admiralty MTR station during rush hour last week. Hong Kong’s rail operator on Thursday raised its fares by 3.3 per cent. Photo: Sam Tsang

Hong Kong’s embattled MTR Corp under fire for raising fares by 3.3 per cent

  • Despite controversies, city’s rail operator earned underlying profit of HK$11.2 billion in 2018
  • System keeps fare rises in line with changes in median monthly household income
Topic |   Hong Kong MTR

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The Admiralty MTR station during rush hour last week. Hong Kong’s rail operator on Thursday raised its fares by 3.3 per cent. Photo: Sam Tsang
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It has been a bumpy couple of years for the MTR Corp. Illustration: Lau Ka-kuen

Why is Hong Kong’s MTR hurtling from one disaster to another? Is complacency or corporate structure to blame?

  • Critics say the rail operator’s effective monopoly since it merged with the KCRC in 2000 has allowed it to rest on its laurels
  • The part-privatisation is also to blame, according to others, as the government cannot dictate to a company it owns 75 per cent of
Topic |   Hong Kong MTR

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It has been a bumpy couple of years for the MTR Corp. Illustration: Lau Ka-kuen
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