79-636: Hang Seng Bank Limited ( Chinese : 恒生銀行有限公司 ) is a Hong Kong–based banking and financial services company with headquarters in Central, Hong Kong . It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group , which holds a majority equity interest in the bank. Hang Seng Bank is a commercial bank whose major business activities include retail banking , wealth management , commercial banking , treasury services, and private banking . Hang Seng Bank operates
158-617: A 10-line rapid transit network, serving the urbanised areas of Hong Kong Island , Kowloon , and the New Territories . The system encompasses 245.3 km (152.4 mi) of railways, as of December 2022, with 179 stations—including 99 heavy rail stations , 68 light rail stops and 1 high-speed rail terminus. Under the government's rail-led transport policy, the MTR system is a common mode of public transport in Hong Kong , with over five and
237-532: A brand revitalisation program and presented a new company slogan – Managing wealth for you, with you. 2007 was significant to Hang Seng Bank: the China Banking Regulatory Commission (CBRC) authorised the formation of Hang Seng Bank (China) Limited, the mainland China subsidiary bank of Hang Seng Bank which was established on 28 May 2007. In November, Hang Seng Bank opened its new Hong Kong office at MegaBox , Kowloon Bay . Hang Seng Bank became
316-503: A certain extent in South Korea , remain virtually identical to traditional characters, with variations between the two forms largely stylistic. There has historically been a debate on traditional and simplified Chinese characters . Because the simplifications are fairly systematic, it is possible to convert computer-encoded characters between the two sets, with the main issue being ambiguities in simplified representations resulting from
395-527: A half million trips made on an average weekday consistently achieving a 99.9% punctuality rate on its arrivals and departures. As of 2018, the MTR has a 49.3% share of the franchised public transport market, making it the most popular transport option in Hong Kong. The integration of the Octopus smart card fare-payment technology into the MTR system in September 1997 has further enhanced the ease of commuting. During
474-811: A network of around 260 service outlets in Hong Kong. Hang Seng Bank is the only local bank to offer extensive branch services along Mass Transit Railway (MTR) stations to better serve its customers. Hang Seng Bank established its wholly owned subsidiary, Hang Seng Bank (China) Limited, in 2007. The subsidiary runs a mainland China network of 46 outlets in Beijing, Shanghai, Guangzhou , Shenzhen , Dongguan , Fuzhou , Nanjing , Hangzhou , Ningbo , Tianjin, Kunming , Foshan , Zhongshan , Huizhou , Xiamen , Zhuhai and Jiangmen with 12 branches and 34 sub-branches. For foreign currency wholesale business, Hang Seng Bank maintains branches in Shenzhen , Macau and Singapore, as well as
553-623: A network of around 260 service outlets in Hong Kong. It also has a wholly owned subsidiary in mainland China , Hang Seng Bank (China) Limited, which has a network of 46 branches and sub branches. It established the Hang Seng Index as a public service in 1969 and this stock market index is now generally known as the primary indicator of the Hong Kong stock market. In 1933, business partners Lam Bing Yim ( 林炳炎 ), Ho Sin Hang , Sheng Tsun Lin ( 盛春霖 ), and Leung Chik Wai ( 梁植偉 ) founded Hang Seng Ngan Ho ,
632-460: A non-binding memorandum of understanding with the Hong Kong government , the owner of Kowloon–Canton Railway Corporation , to merge the operation of the two railway networks in Hong Kong in spite of the strong opposition of KCRC staff. The minority shareholders of the corporation approved the proposal at an extraordinary general meeting on 9 October 2007, allowing MTRCL to take over the operation of
711-513: A representative office in Taipei . The current chairperson is Ms. Irene Lee . The current Vice-Chairman and chief executive officer (CEO) is Ms. Diana Cesar . Role of chairman began in 1952, after incorporation as a bank Role of CEO / general manager began in 1952, after incorporation as a bank [REDACTED] Media related to Hang Seng Bank at Wikimedia Commons Traditional Chinese characters Traditional Chinese characters are
790-690: A result, The Hongkong and Shanghai Banking Corporation (HSBC) acquired a controlling 51% interest in Hang Seng Bank, which it later increased to 62.14%. In 1969, the Hang Seng Index was introduced as a public service. The index is now generally known as an indicator of the Hong Kong stock market. Hang Seng Bank was listed on the Hong Kong Stock Exchange in 1972. In 1981, Hang Seng Bank was given permission to run branches in MTR stations. Hang Seng Bank began to extend its business to China in 1985, with
869-601: A standard set of Chinese character forms used to write Chinese languages . In Taiwan , the set of traditional characters is regulated by the Ministry of Education and standardized in the Standard Form of National Characters . These forms were predominant in written Chinese until the middle of the 20th century, when various countries that use Chinese characters began standardizing simplified sets of characters, often with characters that existed before as well-known variants of
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#1732840999985948-788: A total cost of construction (not adjusted for inflation) of HK$ 4.1 billion (US$ 526 million). The plan was modified from that in the 1970 report Hong Kong Mass Transit: Further Studies , with Kwai Chung station, Lap Sap Wan station, and a planned depot in Kwai Chung next to Lap Sap Wan station being replaced by stations in Kwai Hing and Kwai Fong and a depot in Tsuen Wan. Several stations also had names different to that during planning: So Uk station became Cheung Sha Wan , Cheung Sha Wan became Lai Chi Kok , and Lai Chi Kok became Lai Wan (later renamed Mei Foo ). When service of this line started,
1027-757: A transfer is made between Tsim Sha Tsui and East Tsim Sha Tsui stations, where two tickets are required. Student discounts on Octopus Card were also issued. The MTR system has been extended numerous times since the railway merger. Relevant projects include the LOHAS Park spur line (2009), the Kowloon Southern Link (2009), the West Island line (2014), the Kwun Tong line extension (2016), the South Island line (2016), Tuen Ma line Phase 1 (2020) and Phase 2 (2021) and
1106-798: Is 産 (also the accepted form in Japan and Korea), while in Hong Kong, Macau and Taiwan the accepted form is 產 (also the accepted form in Vietnamese chữ Nôm ). The PRC tends to print material intended for people in Hong Kong, Macau and Taiwan, and overseas Chinese in traditional characters. For example, versions of the People's Daily are printed in traditional characters, and both People's Daily and Xinhua have traditional character versions of their website available, using Big5 encoding. Mainland companies selling products in Hong Kong, Macau and Taiwan use traditional characters in order to communicate with consumers;
1185-676: Is a planned extension of the Tseung Kwan O line that will interchange at the future Tamar station with the Tung Chung line. It will alleviate traffic in the northern part of Hong Kong Island. There will be three new stations: Tamar , Exhibition Centre (which will be an interchange between the North Island line and the North South Corridor), and Causeway Bay North . There is currently no proposed construction time for this line, however in
1264-666: Is available only when there are two continuous stations shared as interchange stations by two lines. Two major works were undertaken to ease interchange between the Kwun Tong line and East Rail line. The modification of Kowloon Tong station started in June 2001. A new pedestrian link to Kowloon Tong station southern concourse and a new entrance (Exit D) opened on 15 April 2004 to cope with the increase in interchange passenger flow. Modification to Tsim Sha Tsui station involved upgrading station facilities and concourse layout to facilitate access from
1343-550: Is expected to be complete in 2030. The East Kowloon line is planned to serve the East Kowloon area to Tseung Kwan O New Town via the hilly Sau Mau Ping residential area. The South Island line (West) was part of the same original proposal as the South Island line, and would connect HKU to Wong Chuk Hang around the west coast of Hong Kong Island, however, construction has not started as of 2024 . The North Island line
1422-542: Is in current planning) by the Hong Kong government. It would help to connect planned population centres isolated in the New Territories with Kowloon and Hong Kong. Construction of Kwu Tung station began in 29 September 2023, and is expected to be completed in 2027, while construction of the Northern Link is expected to begin in 2025 and is scheduled to commence service in 2034. The Tung Chung line extension will extend
1501-477: Is the second most popular means of transport to the airport after buses. In 2012, it had a 21.8 per cent of share of the traffic to and from the airport. However, this has declined from a peak of 32 per cent in 1999. The Quarry Bay Congestion Relief Works extended the Hong Kong Island end of the Kwun Tong line from Quarry Bay to North Point via a pair of 2.1-kilometre (1.3 mi) tunnels. The project
1580-483: The Chinese Commercial News , World News , and United Daily News all use traditional characters, as do some Hong Kong–based magazines such as Yazhou Zhoukan . The Philippine Chinese Daily uses simplified characters. DVDs are usually subtitled using traditional characters, influenced by media from Taiwan as well as by the two countries sharing the same DVD region , 3. With most having immigrated to
1659-596: The East Rail line , phase two of the Sha Tin to Central Link (SCL) from Hung Hom station to Admiralty station across Victoria Harbour was completed and opened on 15 May 2022. An intermediate station was opened at Exhibition Centre . The Tuen Mun South extension on the Tuen Ma line is a proposed 2.4-kilometre (1.5 mi) extension to a new western terminus, Tuen Mun South, near Tuen Mun Ferry Pier . The extension will extend
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#17328409999851738-529: The East Rail line extension (2022). The LOHAS Park Spur Line is an extension of the Tseung Kwan O line , splitting off after Tseung Kwan O station . It serves the new residential development of LOHAS Park (formerly "Dream City"), a 3,550,000-square-foot (330,000 m ) estate with fifty residential towers. The project is divided into 9 to 13 phases and is about halfway complete as of 2016. These high rises sit above LOHAS Park station , which opened on 26 July 2009. The West Island line , first put forward to
1817-594: The East Tsim Sha Tsui station via its pedestrian links. New entrances to the subway links were opened on 19 September 2004 (Exit G) and 30 March 2005 (Exit F), with the whole scheme completed in May 2005. The Disneyland Resort line , previously known as Penny's Bay Rail Link, provides service to the Hong Kong Disneyland Resort station which was opened on 12 September 2005. Services to Sunny Bay station on
1896-694: The Hong Kong Mass Transport Study to the government, which recommended the construction of a 40-mile (64 km) rapid transit rail system in Hong Kong. The study suggested that four rail lines be developed in six stages, with a completion date set between December 1973 and December 1984. Detailed locations of lines and stations were presented in the study. These four lines were the Kwun Tong line (from Mong Kok to Ma Yau Tong ), Tsuen Wan line (from Admiralty to Tsuen Wan ), Island line (from Kennedy to Chai Wan Central), and Shatin line (from Tsim Sha Tsui to Wo Liu Hang ). The study
1975-668: The Hong Kong Mass Transport Study . In 1972, the Hong Kong government authorised construction of the Initial System , a 20-kilometre (12 mi) system that roughly translates to today's Kwun Tong line between Kwun Tong and Prince Edward, Tsuen Wan line between Mei Foo and Admiralty, and Island line between Sheung Wan and Admiralty. The Mass Transit Steering Committee, chaired by the Financial Secretary Philip Haddon-Cave , began negotiations with four major construction consortia in 1973. The government's intention
2054-684: The KCR network and combine the fare system of the two networks on 2 December 2007. On 2 December 2007 the Kowloon-Canton Railway Corporation (KCRC) granted a 50-year service concession (which may be extended) of the KCR network to MTRCL, in return for making annual payments to KCRC, thereby merging the railway operations of the two corporations under MTRCL's management. At the same time MTRCL changed its Chinese name from "地下鐵路有限公司" (Subway Limited Company) to "香港鐵路有限公司" (Hong Kong Railway Limited Company), but left its English name unchanged; at
2133-523: The Kensiu language . Mass Transit Railway 4,823,000 (city metro lines only, without cross border passengers) 1,586,646,000 (city metro lines only, without cross border passengers) The Mass Transit Railway ( MTR ) is a major public transport network serving Hong Kong . Operated by the MTR Corporation (MTRCL), it consists of heavy rail , light rail , and feeder bus services , centred around
2212-622: The Shanghainese -language character U+20C8E 𠲎 CJK UNIFIED IDEOGRAPH-20C8E —a composition of 伐 with the ⼝ 'MOUTH' radical—used instead of the Standard Chinese 嗎 ; 吗 . Typefaces often use the initialism TC to signify the use of traditional Chinese characters, as well as SC for simplified Chinese characters . In addition, the Noto, Italy family of typefaces, for example, also provides separate fonts for
2291-519: The Tseung Kwan O line (called the Tseung Kwan O extension line in the planning stage) was approved on 18 August 1998 to serve the growing Tseung Kwan O New Town. Construction began on 24 April 1999 and the line officially opened in 2002. It took over the existing Kwun Tong line tracks running through the Eastern Harbour Tunnel , so that the full line stretches from Po Lam to North Point. When
2370-478: The Tung Chung line to the west by approximately 1.3 kilometres. Two new stations will also be built, namely; Tung Chung West and Tung Chung East , with Tung Chung West serving as the new terminus of the Tung Chung line. Construction began on 25 May 2023 and is expected to be completed in 2029. The Oyster Bay station is a planned infill station between Sunny Bay station and the future Tung Chung East station . It
2449-418: The 1960s, the government of Hong Kong saw a need to accommodate increasing road traffic as Hong Kong's economy grew rapidly. In 1966, British transport consultants Freeman, Fox, Wilbur Smith & Associates were appointed to study the transport system of Hong Kong. The study was based on the projection of the population of Hong Kong for 1986, estimated at 6,868,000. On 1 September 1967, the consultants submitted
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2528-655: The Island line, Tsuen Wan line, and Kwun Tong line should be constructed for the initial system. The other lines would be placed in the list of extensions. This report led to the final study in 1970. In 1970, a revised system with four lines was laid out in the British consultants' new report, Hong Kong Mass Transit: Further Studies . The four lines were to be the Kwun Tong line, Tsuen Wan line, Island line, and East Kowloon line . The lines that were eventually constructed were somewhat different compared to those presented in this report and
2607-413: The Kwun Tong line. This forecast proved to be accurate, necessitating a bypass from the northwestern New Territories to Hong Kong Island . The Tung Chung line was therefore launched in 1998 with an interchange station at Lai King for that purpose. Although land acquisitions were made for a station at Tsuen Wan West (near Tsuen King Circuit ), beyond Tsuen Wan station, as part of the Tsuen Wan branch,
2686-861: The Legislative Council passed legislation setting up the government-owned Mass Transit Railway Corporation (MTRC) to replace the Mass Transport Provisional Authority, the Mass Transit Railway Ordinance . Construction of the system began on 11 November 1975. The northern section was completed on 30 September 1979 and was opened on 1 October 1979 by Governor Murray MacLehose . Trains on this route ran from Shek Kip Mei to Kwun Tong in Phase 1, Tsim Sha Tsui to Kwun Tong in Phase 2 in December 1979, and Chater to Kwun Tong in
2765-545: The MTR. The first section of the Tuen Ma line , an extension of the former Ma On Shan line connecting Tai Wai via Hin Keng and Diamond Hill to Kai Tak station , opened on 14 February 2020. The second and final section of the line was completed and opened on 27 June 2021, linking the previously opened Tuen Ma Line Phase One and the West Rail Line together connecting from Kai Tak station to Hung Hom station . An extension of
2844-646: The MTRC to build a train line, then known as the Lantau Airport Railway, to the airport. Construction started in November 1994, after the Chinese and British governments settled their financial and land disagreements. The new line was included in the financing plans of the new Hong Kong International Airport as the airport was not considered viable without direct public transport links. Construction costs were also shared by
2923-472: The MTRC, which was granted many large-scale developments in the construction plans for the new stations. The Lantau Airport Railway included two MTR lines, the Tung Chung line and the Airport Express. The Tung Chung line was officially opened on 21 June 1998 by Hong Kong Chief Executive Tung Chee-hwa , and service commenced the next day. The Airport Express opened for service on 6 July 1998 along with
3002-569: The Mass Transit Steering Group was replaced by the Mass Transport Provisional Authority, which held more executive powers. It announced that the Initial System would be reduced to 15.6 kilometres (9.7 mi) and renamed the "Modified Initial System" (now part of the Kwun Tong and Tsuen Wan lines). Plans for a single contract were abandoned in favour of 25 engineering contracts and 10 electrical and mechanical contracts. On 7 May 1975
3081-547: The People's Republic of China, traditional Chinese characters are standardised according to the Table of Comparison between Standard, Traditional and Variant Chinese Characters . Dictionaries published in mainland China generally show both simplified and their traditional counterparts. There are differences between the accepted traditional forms in mainland China and elsewhere, for example the accepted traditional form of 产 in mainland China
3160-460: The Tseung Kwan O line, are two stations long, allowing cross-platform interchange wherein a passenger leaves a train on one side of the platform and boards trains on the other side of the platform for another line. For example, when passengers are travelling on the Kwun Tong line towards Tiu Keng Leng , getting off at Yau Tong would allow them to switch trains across the platform for the Tseung Kwan O line towards North Point . Whereas, staying on
3239-508: The Tsuen Wan line. Furthermore, each train was extended to eight cars. On 23 May 1986, the Island line was extended to Sheung Wan station . Construction was delayed for one year, as government offices which were located over the station had to be moved before the construction could start. In 1984, the government approved the construction of the Eastern Harbour Crossing , a tunnel to be used by cars and MTR trains. The Kwun Tong line
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3318-472: The Tung Chung line started in 1 June 2005, but it was only opened to staff of Disneyland at first. It was finally opened to the general public two months later, on 8 August 2005. The new line and the Disneyland Resort station opened on 1 August 2005. It is a 3.5-kilometre (2.2 mi) single-track railway that runs between Sunny Bay station and Disneyland Resort station. The Disneyland Resort station itself
3397-521: The United States during the second half of the 19th century, Chinese Americans have long used traditional characters. When not providing both, US public notices and signs in Chinese are generally written in traditional characters, more often than in simplified characters. In the past, traditional Chinese was most often encoded on computers using the Big5 standard, which favored traditional characters. However,
3476-493: The beginning of the Hong Kong government's initiative to reduce its interests in public utilities. Prior to its listing on the Hong Kong Stock Exchange , the Mass Transit Railway Corporation (MTRC) was wholly owned by the Hong Kong government. The offering involved the sale of about one billion shares , and the company now has the largest shareholder base of any company listed in Hong Kong. In June 2001, MTRCL
3555-544: The development of the Hung Shui Kiu New Town . The Northern Link is a proposed new line which connects Tuen Ma line with the Lok Ma Chau Spur Line of East Rail line. It also has Au Tau , Ngau Tam Mei , San Tin , a future interchange station between East Rail line and Northern Link, Kwu Tung , which will become a terminus for Northern link. This line would serve the future Northern Metropolis (which
3634-497: The exhibition centre. To cope with the projected increase in patronage, Airport Express trains were lengthened to eight cars from the previous seven. Additional trains are also deployed on the Tung Chung line during major exhibitions and events. On 5 October 2000 the operator of the MTR network, the Mass Transit Railway Corporation (MTRC), became Hong Kong's first rail company to be partially privatised , marking
3713-541: The first bank in Hong Kong to fix the renminbi (RMB) prime rate in 2010. In February 2012, Hang Seng Bank introduced the world's first RMB gold exchange-traded fund (ETF). The brand value of Hang Seng Bank was ranked 65th globally in the 2012 Brand Finance Banking 500, the highest ranking for Hong Kong banks. Hang Seng Bank is a commercial bank whose major business activities include retail banking and wealth management , corporate and commercial banking , treasury services, and private banking . Hang Seng Bank operates
3792-524: The government on 21 January 2003, is an extension of the Island line . It serves the Western District of Hong Kong Island. The construction of the West Island line started on 10 August 2009. Kennedy Town station and HKU station opened on 28 December 2014. Sai Ying Pun station opened later, on 29 March 2015, due to construction delays. A proposal to extend the existing Kwun Tong line to Whampoa Garden
3871-617: The inaugural train through the immersed tube beneath Victoria Harbour to Central station . Trains were gradually extended to six cars to accommodate an increase in passenger numbers. The government approved construction of the Tsuen Wan line in 1977, then known as the Tsuen Wan Extension, and works commenced in November 1978. The project added a 10.5-kilometre (6.5 mi) section to the MTR system, from Prince Edward station to Tsuen Wan . The line started service on 17 May 1982 with
3950-493: The inverse is equally true as well. In digital media, many cultural phenomena imported from Hong Kong and Taiwan into mainland China, such as music videos, karaoke videos, subtitled movies, and subtitled dramas, use traditional Chinese characters. In Hong Kong and Macau , traditional characters were retained during the colonial period, while the mainland adopted simplified characters. Simplified characters are contemporaneously used to accommodate immigrants and tourists, often from
4029-504: The last phase , initially in a four-car configuration. The first train drivers were trained on the London Underground . It was designed by a consortium of consultants led by Freeman Fox and Partners . On later extensions to the railway the stations were designed under the supervision of Roland Paoletti , the chief architect at MTR. The full Modified Initial System was opened on 12 February 1980 by Princess Alexandra , who rode
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#17328409999854108-477: The line opened, the Kwun Tong line was extended to Tiu Keng Leng on the new line. Construction costs were partly covered by the Hong Kong Government and private developers which linked construction of the Tseung Kwan O line to new real estate and commercial developments. The interchange between the Kwun Tong line and the Tsuen Wan line (except Yau Ma Tei ) as well as that between the Kwun Tong line and
4187-562: The line southwards from the current terminus at Tuen Mun station . It will include the construction of the A16 station (placeholder name used by MTR) and the new terminus Tuen Mun South station . Additionally, the addition of a new infill station , Hung Shui Kiu station , along the Tuen Ma line between Siu Hong station and Tin Shui Wai station is currently under planning. It may be built depending on
4266-725: The mainland. The increasing use of simplified characters has led to concern among residents regarding protecting what they see as their local heritage. Taiwan has never adopted simplified characters. The use of simplified characters in government documents and educational settings is discouraged by the government of Taiwan. Nevertheless, with sufficient context simplified characters are likely to be successfully read by those used to traditional characters, especially given some previous exposure. Many simplified characters were previously variants that had long been in some use, with systematic stroke simplifications used in folk handwriting since antiquity. Traditional characters were recognized as
4345-682: The majority of Chinese text in mainland China are simplified characters , there is no legislation prohibiting the use of traditional Chinese characters, and often traditional Chinese characters remain in use for stylistic and commercial purposes, such as in shopfront displays and advertising. Traditional Chinese characters remain ubiquitous on buildings that predate the promulgation of the current simplification scheme, such as former government buildings, religious buildings, educational institutions, and historical monuments. Traditional Chinese characters continue to be used for ceremonial, cultural, scholarly/academic research, and artistic/decorative purposes. In
4424-975: The merging of previously distinct character forms. Many Chinese online newspapers allow users to switch between these character sets. Traditional characters are known by different names throughout the Chinese-speaking world. The government of Taiwan officially refers to traditional Chinese characters as 正體字 ; 正体字 ; zhèngtǐzì ; 'orthodox characters'. This term is also used outside Taiwan to distinguish standard characters, including both simplified, and traditional, from other variants and idiomatic characters . Users of traditional characters elsewhere, as well as those using simplified characters, call traditional characters 繁體字 ; 繁体字 ; fántǐzì ; 'complex characters', 老字 ; lǎozì ; 'old characters', or 全體字 ; 全体字 ; quántǐzì ; 'full characters' to distinguish them from simplified characters. Some argue that since traditional characters are often
4503-402: The new Hong Kong International Airport. The Airport Express also offers flight check-in facilities at Kowloon station and Hong Kong station —the in-town check-ins offer a more convenient and time-saving routine; a free shuttle bus service transports travellers from these stations to their respective hotels as well. Porters are also available to help transport luggage from and onto trains. It
4582-665: The official script in Singapore until 1969, when the government officially adopted Simplified characters. Traditional characters still are widely used in contexts such as in baby and corporation names, advertisements, decorations, official documents and in newspapers. The Chinese Filipino community continues to be one of the most conservative in Southeast Asia regarding simplification. Although major public universities teach in simplified characters, many well-established Chinese schools still use traditional characters. Publications such as
4661-424: The opening of a representative office in Shenzhen . Ten years later, Hang Seng Bank opened its first Chinese branch in Guangzhou . In 2002, Hang Seng Bank launched personal e-banking in Mainland China. Hang Seng Bank opened its branch in Macau in 2003. In 2006, Hang Seng Bank received authorisation to get ready for the formation of its mainland China subsidiary bank. Within the same year, Hang Seng Bank introduced
4740-700: The original standard forms, they should not be called 'complex'. Conversely, there is a common objection to the description of traditional characters as 'standard', due to them not being used by a large population of Chinese speakers. Additionally, as the process of Chinese character creation often made many characters more elaborate over time, there is sometimes a hesitation to characterize them as 'traditional'. Some people refer to traditional characters as 'proper characters' ( 正字 ; zhèngzì or 正寫 ; zhèngxiě ) and to simplified characters as 簡筆字 ; 简笔字 ; jiǎnbǐzì ; 'simplified-stroke characters' or 減筆字 ; 减笔字 ; jiǎnbǐzì ; 'reduced-stroke characters', as
4819-446: The predecessor of Hang Seng Bank, in Hong Kong. Hang Seng means "ever-growing" in Cantonese . It commenced business as a simple money-changing shop at 70 Wing Lok Street, Sheung Wan , on 3 March 1933. In 1952, Hang Seng Bank became a private company and embarked on commercial banking . Hang Seng Bank converted into a public company in 1960. In 1965, Hang Seng Bank suffered a bank run which depleted almost one-quarter of its reserves. As
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#17328409999854898-729: The predominant forms. Simplified characters as codified by the People's Republic of China are predominantly used in mainland China , Malaysia, and Singapore. "Traditional" as such is a retronym applied to non-simplified character sets in the wake of widespread use of simplified characters. Traditional characters are commonly used in Taiwan , Hong Kong , and Macau , as well as in most overseas Chinese communities outside of Southeast Asia. As for non-Chinese languages written using Chinese characters, Japanese kanji include many simplified characters known as shinjitai standardized after World War II, sometimes distinct from their simplified Chinese counterparts . Korean hanja , still used to
4977-535: The same time the system's Chinese name changed from "地鐵" ("underground railway") to "港鐵" ("Hong Kong Railway"). After the merger, the MTR network included three more lines— East Rail line , West Rail line , and Ma On Shan line (now the Tuen Ma line )—as well as the light rail network and Guangdong through train to Guangzhou . On 28 September 2008, fare zones of all urban lines, East Rail line, Ma On Shan line, and West Rail line were merged. A passenger could travel on these networks with only one ticket, except where
5056-419: The section of the Kwun Tong line from Chater to Argyle (since renamed Central and Mong Kok respectively) was transferred to the Tsuen Wan line. Thus, Waterloo station (since renamed Yau Ma Tei ) became the terminus of the Kwun Tong line, and both Argyle and Prince Edward stations became interchange stations. This change was made because system planners expected the patronage of the Tsuen Wan line to exceed that of
5135-446: The station was never built. This is not to be confused with the modern-day Tsuen Wan West station on Tuen Ma line , which lies on a newly reclaimed area near the former ferry pier. Since opening in 1982, the Tsuen Wan line is the line whose alignment has remained the same for the longest time. For example, the Kwun Tong line's alignment has changed three times since its opening—the taking over of Tsuen Wan line from Mong Kok to Central,
5214-421: The taking over of Eastern Harbour Crossing section by the Tseung Kwan O line, and its extension to Whampoa . Government approvals were granted for construction of the Island line in December 1980. Construction commenced in October 1981. On 31 May 1985, the Island line was opened with service between Admiralty station and Chai Wan station . Both Admiralty and Central stations became interchange stations with
5293-528: The traditional character set used in Taiwan ( TC ) and the set used in Hong Kong ( HK ). Most Chinese-language webpages now use Unicode for their text. The World Wide Web Consortium (W3C) recommends the use of the language tag zh-Hant to specify webpage content written with traditional characters. In the Japanese writing system , kyujitai are traditional forms, which were simplified to create shinjitai for standardized Japanese use following World War II. Kyūjitai are mostly congruent with
5372-819: The traditional characters in Chinese, save for minor stylistic variation. Characters that are not included in the jōyō kanji list are generally recommended to be printed in their traditional forms, with a few exceptions. Additionally, there are kokuji , which are kanji wholly created in Japan, rather than originally being borrowed from China. In the Korean writing system , hanja —replaced almost entirely by hangul in South Korea and totally replaced in North Korea —are mostly identical with their traditional counterparts, save minor stylistic variations. As with Japanese, there are autochthonous hanja, known as gukja . Traditional Chinese characters are also used by non-Chinese ethnic groups. The Maniq people living in Thailand and Malaysia use Chinese characters to write
5451-671: The train and reaching Tiu Keng Leng would allow them to board the Tseung Kwan O line trains towards Po Lam / LOHAS Park . This design makes interchanging more convenient and passengers do not have the need to change to different levels. However this interchange arrangement is not available for all transferring passengers at Kowloon Tong , Central , Hong Kong , Quarry Bay , Nam Cheong (except transfer between Tuen Mun and Hong Kong bound trains), Mei Foo , Tai Wai (only between southbound Tuen Ma line and East Rail line trains) and Sunny Bay (except transfer between Tung Chung and Disneyland Resort bound trains) stations, mainly because this service
5530-412: The ubiquitous Unicode standard gives equal weight to simplified and traditional Chinese characters, and has become by far the most popular encoding for Chinese-language text. There are various input method editors (IMEs) available for the input of Chinese characters . Many characters, often dialectical variants, are encoded in Unicode but cannot be inputted using certain IMEs, with one example being
5609-418: The words for simplified and reduced are homophonous in Standard Chinese , both pronounced as jiǎn . The modern shapes of traditional Chinese characters first appeared with the emergence of the clerical script during the Han dynasty c. 200 BCE , with the sets of forms and norms more or less stable since the Southern and Northern dynasties period c. the 5th century . Although
5688-500: Was designed to blend in with the ambiance of the resort. The line operates fully automated trains running every four to ten minutes without a driver. The carriages are refurbished M-train rolling stock to match the recreational and adventurous nature of the 3.5-minute journey. The AsiaWorld–Expo station is an extension of the Airport Express serving a new international exhibition centre, AsiaWorld–Expo , at Hong Kong International Airport. The station opened on 20 December 2005 along with
5767-482: Was extended across the harbour on 5 August 1989 to Quarry Bay station , which became an interchange station for the Kwun Tong line and the Island line . An intermediate station, Lam Tin , started operations on 1 October 1989. The decision was made in October 1989 to construct a new international airport at Chek Lap Kok on Lantau Island to replace the overcrowded Kai Tak International Airport . The government invited
5846-426: Was initiated due to overcrowding at Quarry Bay and persistent passenger complaints about the five-minute walk from the Island line platforms to the Kwun Tong line platform. Construction began in September 1997 and was completed in September 2001 at a cost of HK$ 3.1 billion. As with most earlier interchange stations, a cross-platform interchange arrangement was provided here in both directions. Construction of
5925-562: Was largely different from the original study. The projected 1986 populations of Castle Peak New Town , Sha Tin New Town , and, to a lesser extent, Tsuen Wan New Town , were revised downwards, and the plan for a new town in Tseung Kwan O was shelved. In this updated scenario, the consultants reduced the scale of the recommended system. The supplementary report stated that the originally suggested four tracks between Admiralty station and Mong Kok station should be reduced to two, and only parts of
6004-520: Was made in April 2006 and approved in March 2008 as part of the bid for the Sha Tin to Central Link . Two new stations at Whampoa and Ho Man Tin opened on 23 October 2016. The South Island line opened on 28 December 2016 between Admiralty and South Horizons , linking the MTR to Southern District for the first time. With the opening of the South Island line, all 18 districts of Hong Kong are served by
6083-501: Was submitted to the Legislative Council on 14 February 1968. The consultants received new data from the 1966 by-census on 6 March 1968. A short supplementary report was submitted on 22 March 1968 and amended in June 1968. The by-census indicated that the projected 1986 population was reduced by more than one million from the previous estimate to 5,647,000. The dramatic reduction affected town planning . The population distribution
6162-442: Was to tender the entire project, based on the British design, as a single tender at a fixed price. A consortium from Japan, led by Mitsubishi , submitted the only proposal within the government's $ 5-billion price ceiling. They signed an agreement to construct the system in early 1974, but in December of the same year, pulled out of the agreement for reasons stemming from fears of the oil crisis . Several weeks later, in early 1975,
6241-531: Was transferred to the Hang Seng Index . MTRCL has often developed properties next to stations to complement its profitable railway business. Many recently built stations were incorporated into large housing estates or shopping complexes. For example, Tsing Yi station is built next to the Maritime Square shopping centre and directly underneath the Tierra Verde housing estate. On 11 April 2006, MTRCL signed
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