Brief History/Legal Structure
The Mass Transit Railway (MTR) Corporation is a statutory corporation that was established in 1975 under the Mass Transit Railway Corporation Ordinance and was authorized to construct and operate the Hong Kong underground mass transit system. Since 2000, the MTR Corporation Limited (MTRCL) is listed on the stock exchange of Hong Kong limited and has the issuance of bonds in the US. As a public company its shares are freely traded on the stock exchange.