Express Rail Yet To Hit Projected Passenger Target

"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1482067_1_20190923161034.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1482067-20190923.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1482067-20190923.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-09-23 HKT 13:31
One year after the express rail link connecting Hong Kong to the mainland came into being, authorities have revealed that passenger numbers have fallen way short of what they initially projected.
The HK$84.4 billion high-speed rail link started operating on September 23 last year, with the SAR government estimating an average patronage of around 80,000 people a day.
But as of August 2019, the average number of passengers taking the link each weekday was just over slightly half that target at 45,000.
It added that the average usage is more on weekends, about 62,000; and the figure was about 2,000 higher in June.
The MTR said there has been a drop in passenger numbers in July and August. But they maintained that the high-speed rail services have been welcomed by tourists and are running smoothly.
In a statement, a spokesperson from the railway giant said while the cross-border link has seen a "steady growth" in passenger numbers, it will continue to boost business by collaborating with the tourism sector to provide discounted tickets and packages to cities like Guangzhou, Huizhou and Guilin.
Revolut Considers China Expansion Amid UK Regulatory Hurdles
UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more
ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem
ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more
WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia
From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more
HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime
The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more
Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented
APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more
Hong Kong Advances Trade Digitalisation With MLETR Adoption
Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more