Business & Finance
The World’s Most Profitable Subway
Key Points
Hong Kong’s MTR is the most profitable subway in the world thanks to a lucrative real estate strategy. Now it’s taking on record debt for a government-mandated tech hub with uncertain demand.
Hong Kong’s MTR is the most profitable subway in the world thanks to a lucrative real estate strategy. Now it’s taking on record debt for a government-mandated tech hub with uncertain demand. (Source: Bloomberg)