Which company operates the subway, the main railway system in Hong Kong?
The MTR is the main railway system in Hong Kong and is operated by the Hong Kong Railway Company Limited. It is recognized as the world's leading railway system, famous for its safety, reliability, excellent customer service and high cost-effectiveness, with an average passenger capacity of more than 3.7 million passengers every Sunday. When the MTRC was established in 1975, its mission was to build and operate a railway system for Hong Kong, and to operate it on prudent commercial principles to meet the public transport needs of Hong Kong. At that time, the Hong Kong Government was the sole shareholder. In June 2000, the government of the Hong Kong Special Administrative Region sold 23% of the shares of MTR through a public offering, and the company became MTR Corporation Limited, which was listed on the Stock Exchange of Hong Kong on October 5, 2000. On February 2, 2007, the network operated by Kowloon-Canton Railway Corporation (wholly owned by the government) was merged and operated by the company. The Chinese name of MTR Corporation Limited was changed to MTR Corporation Limited. This also marks a new milestone in the development of Hong Kong's railways.