High-speed Rail Ticket Cap To Be Scrapped
"); jQuery("#212 h3").html("

"); });
2023-02-04 HKT 12:47
The cap on tickets for the high-speed rail line will be scrapped from Monday, when all of Hong Kong's land crossings to the mainland reopen.
Authorities on Friday announced a further easing of pandemic restrictions on travellers, including an end to the daily limit on the number of people crossing and to Covid testing requirements in most cases.
Writing on his blog on Saturday, transport secretary Lam Sai-hung said the government, the MTR Corporation and their mainland counterparts had agreed to drop the ticket limit from next week, coinciding with the full resumption of quarantine-free travel.
Lam also said relevant departments are discussing when to resume long-haul journeys.
Since high-speed rail services resumed on January 15, authorities have increased the number of tickets available several times. Thirty-thousand tickets to and from the mainland can be sold each day currently.
The minister, meanwhile, encouraged people to consider crossing the border via the Heung Yuen Wai checkpoint, a new control point that opened during the Covid outbreak initially for cargo use.
Chinese Regulator Approves Citis Plan For Its Own Securities Firm
Citi has received approval from the China Securities Regulatory Commission (CSRC) to set up a wholly owned capital mark... Read more
HSBC RedCoin Debuts On PayMe With Wider Stablecoin Rollout Planned
HSBC has launched HSBC RedCoin, its first stablecoin, on the PayMe mobile payment app in Hong Kong. Denominated in Hong... Read more
Unlimit Joins Hong Kong Governments Strategic Enterprise Partners
Unlimit has signed a partnership agreement with the Hong Kong Government, which named the global financial infrastructu... Read more
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
No institution moves into digital assets until it knows who will hold them and what happens to those assets if that cus... Read more
EleBank Opens First Physical Store In Hong Kong
Hong Kong digital bank EleBank has opened its first physical store in Causeway Bay as it expands beyond online banking ... Read more
Taiwan Blocks Grabs US$600 Million Foodpanda Acquisition
Taiwan’s Fair Trade Commission (FTC) has blocked Grab’s proposed US$600 million acquisition of Delivery Hero’s fo... Read more
