According to a report issued by Lyon, the MTR has reached a settlement with the HKSAR Government on construction issues related to the high-speed rail and the Sha-Chung Line. Overall, it is only required to pay HK$2.25 billion to the government, which is about 1% of the bank's projected net asset value and current market value in 2026, and lower than the HK$6.69 billion liability limit stated in 2015. The amount will be recorded as a one-time expense in the second half of 2026, which is equivalent to 11% of the bank's projected net profit of HK$201 billion. On the Sha-China line, the two sides will not pay any settlement or other financial compensation to each other; the MTR has confirmed HK$2 billion provision for the Hung Hom incident, and the remaining HK$600 million provision will be recovered in due course. The bank maintains its view that the MTR will bear the capital expenses for all new railway-related projects. The balance sheet may be under pressure. It is not ruled out that future dividends and/or share capital will be reduced, and the “holding” rating and target price of HK$33 will be maintained.

According to a report issued by Lyon, the MTR has reached a settlement with the HKSAR Government on construction issues related to the high-speed rail and the Sha-Chung Line. Overall, it is only required to pay HK$2.25 billion to the government, which is about 1% of the bank's projected net asset value and current market value in 2026, and lower than the HK$6.69 billion liability limit stated in 2015. The amount will be recorded as a one-time expense in the second half of 2026, which is equivalent to 11% of the bank's projected net profit of HK$201 billion. On the Sha-China line, the two sides will not pay any settlement or other financial compensation to each other; the MTR has confirmed HK$2 billion provision for the Hung Hom incident, and the remaining HK$600 million provision will be recovered in due course. The bank maintains its view that the MTR will bear the capital expenses for all new railway-related projects. The balance sheet may be under pressure. It is not ruled out that future dividends and/or share capital will be reduced, and the “holding” rating and target price of HK$33 will be maintained.