The Zhitong Finance App learned that Lyon released a research report saying that the MTR Corporation (00066.HK) has reached a settlement with the Hong Kong SAR government on construction issues related to the high-speed rail and the Sha-Chung Line. Overall, it only needs to pay the government $2.25 billion, which is about 1% of the bank's projected net asset value and current market value in 2026, and lower than the HK$6.69 billion liability limit stated in 2015. The bank maintains a “hold” rating and a target price of HK$33.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that Lyon released a research report saying that the MTR Corporation (00066.HK) has reached a settlement with the Hong Kong SAR government on construction issues related to the high-speed rail and the Sha-Chung Line. Overall, it only needs to pay the government $2.25 billion, which is about 1% of the bank's projected net asset value and current market value in 2026, and lower than the HK$6.69 billion liability limit stated in 2015. The bank maintains a “hold” rating and a target price of HK$33.