Hong Kong Tramways to raise fares by 10% from May 12

Hong Kong's transport sector is set for fare adjustments starting May 12, 2025, with a 10% increase in tram fares approved by the Chief Executive-in-Council. Adult passengers will now pay HK$3.30 for a tram ride, while fares for seniors will rise from HK$1.3 to HK$1.5. The fare hike aims to ensure the financial viability of Hong Kong Tramways (HKT) amidst rising operating costs and competition from other transport modes. Additionally, a new public transport subsidy scheme will begin in April 2026, requiring elderly and disabled passengers to pay 20% of fares exceeding HK$10, saving the government HK$260 million. A cap of 240 trips per month under the subsidy will be enforced starting April 2027. The government plans to continue assisting HKT in exploring new revenue opportunities, particularly in light of recent tourism developments.