HK Stock Market Move | MTR Corporation (00066) falls more than 3% during trading hours, it is rumored that the company is considering issuing bonds for financing or selling assets to address financial challenges.

MTR CORPORATION (00066) fell more than 3% during trading today, with a drop of 2.08% at the time of writing, at 25.9 Hong Kong dollars, with a trading volume of 1.19 billion Hong Kong dollars. On the news front, there were market reports last week that MTR's future investment in maintenance, updates, and various new railway projects could amount to at least over 160 billion Hong Kong dollars over the next 10 to 12 years. Including other planned new lines under research, the total investment could potentially reach 200 billion Hong Kong dollars. However, recent land bidding results have been disappointing, and it is expected that the related revenue will need to be postponed, casting doubts on whether cash income will be able to cover the massive investment. The news pointed out that faced with potential high expenses of up to 200 billion yuan, MTR is currently studying solutions to generate more income and reduce costs, including considering bond financing, selling or mortgaging shopping malls or other properties, possibly using a combination of strategies to meet the financial needs.