MTR Corporation Limited
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| Public company (: 0066, OTC: MTRJY) |
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| Industry | Transport, property |
| Founded | Mass Transit Railway Corporation (1975) MTR Corporation Limited (2000) |
| Headquarters | Kowloon Bay, Hong Kong |
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Area served
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Worldwide, including:
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Key people
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Frederick Ma Si-hang (Chairman) Lincoln Leong (CEO) |
| Services | Railways, property developer |
| Revenue | HK$21.3 billion (June 2016) |
| Profit | HK$5.1 billion, (June 2016) |
| Total assets | HK$145 billion (June 2016) |
| Owner |
Hong Kong Government (The Financial Secretary Incorporated) 76% Other 24% |
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Number of employees
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26,083 (June 2016) |
| Website | www.mtr.com.hk |
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| Public company | |
| Industry | Transport, property |
| Founded | Beijing (16 January 2006) Shenzhen (1 July 2010) Hangzhou (6 September 2012) |
| Headquarters | (Beijing, Shenzhen, & Hangzhou), China |
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Area served
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Beijing, Shenzhen, Hangzhou |
| Website |
Beijing MTR Corporation MTR Corporation (Shenzhen) Hangzhou MTR Corporation |
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Worldwide, including:
MTR Corporation (Chinese: 香港鐵路有限公司; literally: "Hong Kong Railway Corporation Limited") is a company listed on the , and a component of Hang Seng Index. MTR runs Hong Kong's Mass Transit Railway (MTR), and is also a major property developer and landlord in Hong Kong. It also invests in railways in different parts in the world, and has obtained contracts to operate rapid transit systems in London, , Beijing, Shenzhen, Hangzhou, Melbourne, and Sydney.
The Mass Transit Railway Corporation (Chinese: 地下鐵路公司) was established in 1975 as a government-owned statutory corporation to build and operate a mass transit railway system to meet Hong Kong's public transport needs. On 30 June 2000 the MTRC was succeeded by the MTR Corporation Limited (MTRCL, Chinese: 地鐵有限公司). As with the MTRC, the MTRCL's principal business is to operate the mass transit railway system. Following a successful initial public offering, the MTRCL was listed on the on 5 October 2000, however the government is still the major stakeholder in the MTRCL.
On 2 December 2007, the company started running the original Kowloon–Canton Railway system under a concession agreement with the Hong Kong Government in what was known as the MTRCL-KCRC merger. The Chinese name of the company became 香港鐵路有限公司 (literally translated as Hong Kong Railway Corporation Limited) but the English equivalent remained MTR Corporation. The logo of MTR symbolises a railway line connecting Hong Kong Island and Kowloon.
On 5 October 2000, the MTR Corporation Limited became Hong Kong's first privatised rail and metro company, which marked the start of the Hong Kong government's planned initiative to wind down its interests in various public utilities. Prior to its listing on the , the Mass Transit Railway Corporation was wholly owned by the Hong Kong Government. The offering involved the sale of around one billion shares, and the company now has around 250,000 shareholders. In June 2001, MTR was transferred to Hang Seng Index.
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