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.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more