In line with a drop in mainland visitor arrivals, cross-boundary traffic fell by 1.4 per cent in the first half, the MTR Corp Limited (0066) reported today.
Cross-boundary traffic to Lo Wu and Lok Ma Chau fell to 55.4 million for the six months to June 30, 2016.
The company noted, “The decline was due to a fall in visitor arrivals from the mainland of China”.
Airport Express passenger numbers increased by 2.7 per cent to 7.8 million, as a result of a moderate increase in air passenger traffic, the MTR Corp said.Risk Warning:
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.