Lock System May Have Led To Accident: Michael Tien
"); jQuery("#212 h3").html("

"); });
2019-09-18 HKT 09:02
Roundtable lawmaker Michael Tien said on Wednesday that he believes a lock system to prevent tracks from switching directions may have caused a train to derail.
Eight people were injured when three carriages in the middle of the train veered off the tracks at a diversion point at rush hour on Tuesday morning.
Tien, the former chairman of the Kowloon-Canton Railway Corporation which used to operate the line, says he still has confidence in the MTR Corporation.
"Something as unprecedented [as this] we shouldn't jump to the conclusion that the whole system is unsafe because it has never happened before," Tien said.
It should be a "unique, isolated situation".
"That is why they need such a long time to come to a conclusion," Tien said.
The MTR has said there were at least three small cracks on the track.
But it said it remains to be seen whether they had been there prior to the derailment, or whether they had been caused by the incident.
HSBC And Standard Chartered Venture Reportedly Among First For Hong Kong Stablecoin Licenses
People familiar with the matter say HSBC and a joint venture led by Standard Chartered will likely be among the first f... Read more
Hong Kong Taxi E-Payment Adoption Surges, Hits 90% Ahead Of April 2026 Mandate
The taxi industry is moving decisively toward digital payments as the mandatory Hong Kong taxi e-payment requirement, s... Read more
SUNRATE Renames China Payment Unit Following Regulatory Approval
SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulato... Read more
Bithumb Could Face Six-Month Business Suspension Over AML Breaches
Financial authorities plan to impose significant sanctions on virtual asset exchange Bithumb for breaching anti-money l... Read more
HSBC Hong Kong Enables Digital Consolidation Of Multiple Passbooks
HSBC Hong Kong has introduced a new Passbook Consolidation feature on the HSBC HK App, allowing customers to view and m... Read more
PAObank Launches Flexible Wealth Service For Retail Customers
PAObank has launched a new wealth service, offering a dual-advantage solution that allows customers to switch between i... Read more
