I have a hard time following this article because it's so obviously one-sided and ranting.
FWIW the Stockholm Metro is also privatized in the sense that operation, planning and maintenance is done by MTR Corporation, the same company that owns and operates the Hong Kong Metro. MTR also operate a lot of other subway systems in the world, for example Sydney. I don't see any problems inherit in the privatization: Stockholm is excellent and so is Hong Kong.
Tokkaido Line in Japan runs at 187 percent capacity according to a quick googling.
FWIW the Stockholm Metro is also privatized in the sense that operation, planning and maintenance is done by MTR Corporation, the same company that owns and operates the Hong Kong Metro. MTR also operate a lot of other subway systems in the world, for example Sydney. I don't see any problems inherit in the privatization: Stockholm is excellent and so is Hong Kong.
Tokkaido Line in Japan runs at 187 percent capacity according to a quick googling.