The Zhitong Finance App learned that the MTR Corporation (00066) fell by more than 3%, leading the blue chip decline for the time being. As of press release, it decreased by 3.16% to HK$30.68, with a turnover of HK$160 million.

According to the news, the MTR Corporation announced on October 2 that it has reached a settlement agreement with the Hong Kong Government on matters relating to delays in the early years of the High Speed Rail (Hong Kong section) and the Shatin to Central Link (Sha Chung Line) projects. According to the settlement arrangement, the company will pay HK$2.25 billion to the government once for the high-speed rail (Hong Kong section) project this year; as for the Sha-Zhong Line project, the two sides agreed not to discuss the delays with each other, and there will be no additional payments involved.

According to the Lyon Research Report, this amount accounts for about 1% of the bank's 2026 net asset value and the company's current market value. This amount will be included in the income statement for the second half of FY2026, and may result in an 11% drop in net profit for FY2026. The bank's core view remains unchanged, and it still believes that pressure on the balance sheet could lead to cuts in dividends and/or issued share capital.

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