Labour Party's Kwok Wants Govt To Buy Back MTR
"); jQuery("#212 h3").html("
"); });
2018-02-25 HKT 16:39
Share this story
Labour Party Chairman Steven Kwok says the government should not give cash handouts to all local residents in the upcoming budget.
He said the fiscal surplus could be better spent on projects that address the SAR's social problems and will benefit people in the long term - such as buying back the MTR Corporation.
Kwok said the public is continually disappointed to see ticket prices on the MTR going up, despite the fact that the rail company makes a profit every year.
He said that buying back the railway would bring long-term benefits to the people of Hong Kong in the form of lower fares on the MTR.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more