Hong Kong MTR Corp pay rise below expectations: union

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The Hong Kong MTR Corporation announced pay increases for most non-management staff for the 2026-27 financial year, ranging from 1.6 to 3.84 percent based on performance, along with a performance-based bonus. The Federation of Railway Trade Unions expressed disappointment, stating the pay rise was "slightly below demands," especially after the MTR Corp reported a net profit of over HK$14.6 billion. The union noted that over half of MTR staff will receive a 3.2 percent increase. The MTR Corp stated the salary adjustments were determined by considering the company's performance, the economic environment, market conditions, and employee contributions.
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