Why is the Hong Kong subway so expensive?

First of all, some shares of the Hong Kong MTR are non-public, that is to say, private. Private enterprises, of course, pursue profits, which is natural in their eyes.

Secondly, the most important thing is that Hong Kong introduced the fare increase and decrease mechanism in 2006 with good intentions, but it was questioned by some scholars that the consideration was not comprehensive enough. According to this formula, MTR often has the opportunity to increase fares (refer to relevant data). Then, as a businessman, would you like to look at this once-in-a-lifetime opportunity and not increase the price?

However, in recent years, the MTR has had frequent accidents and was fined by the SAR Government. Therefore, it has no choice but to offer a second round of concessions, but some people criticize it for being too small. . In short, the MTR is now making a profit every year, but the sooner the fare is adjusted, the better.