- Reuters•2 days ago
China has set up a 100 billion yuan ($14.55 billion) fund to support investment in the internet sector, said official news agency Xinhua on Sunday. The fund, backed by China's cabinet, is designed to help turn China into a major player in internet technology, said the report. An initial 30 billion yuan has already been raised from major banks and telecoms firms including ICBC, China Mobile and China Unicom.
- Reuters•8 days ago
The Chinese government has renewed calls for private investment in the country's telecommunication firms as it encourages them to cut fees and other costs and become more competitive in offering internet-related services. The country's big telecoms firms, China Telecom Corp Ltd, China Unicom Hong Kong Ltd and China Mobile Ltd, are all units of unwieldy state-owned enterprises. The government will open the telecommunications industry to private investment and give "free rein to telecommunications companies in the development of the internet," according to a notice issued by the CPC Central Committee and the State Council.
- Barrons.com•last month
The Hang Seng China Enterprises Index rose 0.6%, led by gains from industrial companies after China's State Council said it would push for mixed-ownership reform in civil aviation, telecommunications and ...
0762.HK : Summary for CHINA UNICOM - Yahoo Finance
China Unicom (Hong Kong) Limited (0762.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||8.85 - 8.96|
|52 Week Range||7.70 - 10.26|
|PE Ratio (TTM)||17.30|
|Dividend & Yield||0.03 (2.28%)|
|1y Target Est||N/A|