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The World’s Most Profitable Subway

Source: Bloomberg

Company FundamentalsCredit & Bond MarketsHousing & Real EstateTechnology & InnovationInfrastructure & Defense

Hong Kong’s MTR, described as the world’s most profitable subway due to its real estate strategy, is taking on record debt to fund a government-mandated tech hub. Demand for the project is uncertain, creating financial risk despite MTR’s existing profitability.

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