Investors should watch for Chinese state-owned enterprises bearing red envelopes this earnings season. Shares of China Mobile Ltd. bucked the broader market trend Friday to rise as much as 1.7 percent after the telecom operator…
TECHNOLOGY
China Unicom reports huge profit rise on business transformation
BEIJING, Aug. 13 (Xinhua) — China Unicom, one of the country’s three state-owned telecommunications carriers, reported a surge in first-half profits due to its efforts in business transformation. In a brief statement to the Shanghai…
China Unicom (Hong Kong) Ltd
China Mobile had 6 analyst reports since August 21, 2015 according to SRatingsIntel. Equities research analysts at Jefferies Group lifted their FY2018 earnings per share (EPS) estimates for China Unicom (Hong Kong) in a report…
China Mobile: Special Dividend Not Enough
Blue chip China Mobile (941.HK) shares are up slightly this morning against a cratering Hong Kong stock market as investors cheer a special dividend. Shares of the Chinese telco were up almost 1% against a…
China Unicom (Hong Kong) Limited (ADR) (CHU) Forms $14.77 Double Top; Principal Real Estate Income Fund (PGZ)’s Sentiment Is 0.9
Pan Global Resources Inc. is engaged in the acquisition of rights to explore for minerals and the exploration of acquired rights. The company has market cap of $9.01 million. China Unicom (Hong Kong) Limited (ADR)…
China Mobile to pay special dividend amid steady revenue, profit growth
China Mobile, the world’s largest wireless network operator by subscribers, surprised the market on Thursday by announcing a special dividend after reporting stable interim earnings growth. Chairman Shang Bing said in a regulatory filing that…
China Mobile outlines 4G, VoLTE and broadband growth strategy
China Mobile has pursued its strategy of “Big Connectivity”, rode on the development of 4G and household broadband as well as driving ahead with the integrated development of its four growth engines. China Mobile chairman…
China Unicom Denies Investment Deals With Tencent, Alibaba
(Beijing) — China Unicom, one of the country’s big three state-owned telecom operators, denied reports that it would receive investments from private tech giant Alibaba Group and Tencent Holdings as part of the company’s long-awaited…
BRIEF-China Unicom Hong Kong updates on progress of matters relating to mixed ownership reform
* Coverage Regarding “China Unicom Established Operating Centers With Tencent & Alibaba & Speculation Of Mixed Ownership Reform Escalated” * 2 operating centers referred to in article are still in their initial stage of operation…
China Mobile’s Literary Platform Sues Top Online Book Provider
One of China’s largest online literature platforms has sued its largest provider, accusing it of cutting off supplies in a market where reading on smartphones and tablet PCs has become big business. The lawsuit by…
Strong quake strikes southwest China, 13 dead, 175 injured
A strong earthquake shook a mountainous region in southwestern China near a famous national park, killing 13 people, injuring 175 others and knocking out power and phone networks. At least five of the dead were…
Analysts Set China Unicom (Hong Kong) Ltd (NYSE:CHU) PT at $14.25
The firm has a 50-day moving average price of $53.16 and a 200-day moving average price of $54.79. ILLEGAL ACTIVITY NOTICE: This news story was first posted by BNB Daily and is the sole property…
Roaming charges will be history by September
It is expected to benefit 80 million users. The People’s Daily reported that China Unicom and China Mobile had also announced they would cancel domestic roaming fees from September. China Telecom chairman Yang Jie said…