002502.SZ - Huawei Culture Co.,Ltd.

Shenzhen - Shenzhen Delayed Price. Currency in CNY
3.1000
-0.0600 (-1.90%)
At close: 4:29PM CST
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Previous Close3.1600
Open3.1600
Bid3.1100 x 0
Ask3.1200 x 0
Day's Range3.1000 - 3.1800
52 Week Range2.4200 - 5.3900
Volume8,669,832
Avg. Volume18,093,746
Market Cap2.665B
Beta (5Y Monthly)-0.14
PE Ratio (TTM)N/A
EPS (TTM)-0.9700
Earnings DateApr 29, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul 24, 2018
1y Target Est11.45
  • How telecom could change in the next month
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    How telecom could change in the next month

    A new bill passed by the senate is heading to President Trump's desk. If signed it would provide one billion dollars to nearly 40 rural carriers replacing equipment made by Huawei. Yahoo Finance’s Dan Howley joins the On The Move panel to discuss the new bill and what it means for telecom companies.

  • Huawei CEO on ties to Chinese government: 'I am a clean man'
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    Huawei CEO on ties to Chinese government: 'I am a clean man'

    The Trump administration continues to call Huawei a national security threat due to Huawei CEO Ren Zhengfei's ties to the Chinese government. Zhengfei, however, tells Yahoo Finance's Akiko Fujita "I'm a clean man."

  • Bloomberg

    BCE Names Bibic to Succeed Cope as CEO for 5G Push

    (Bloomberg) -- BCE Inc. named Mirko Bibic to take over as chief executive officer of Canada’s largest telecommunications company by market value when George Cope retires in January.“The time is right for Mirko to take our company to the next level,” Cope said Friday in a statement. “He has been front and center in the successful execution of Bell’s broadband leadership strategy from its beginning.”Cope, 57, who has been with BCE for 14 years in total, will retire on Jan. 5.Bibic, 51, is currently chief operating officer of Montreal-based BCE. He’s led a range of consumer and residential initiatives including the launch of Bell Wireless Home Internet to small towns and rural communities; accelerating Bell prepaid wireless; Bell Media’s launch of the new Crave streaming service; and strategic planning for Bell’s 5G future.Under Cope’s leadership, BCE expanded its wireless operations and executed investments and acquisitions valued at more than C$15 billion ($11.5 billion), including brands such as Bell Aliant, Virgin Mobile Canada, Manitoba Telecom Services and Maple Leaf Sports & Entertainment, owner of the NBA Champion Toronto Raptors.The shares of the telecom giant dropped 0.2% to C$59.60 at 10:27 a.m. in Toronto. BCE has returned 193% to shareholders, including dividends, since Cope became president and CEO on July 2, 2008, pushing its market value to C$53.6 billion. That compares with 271% for competitor Telus Corp., 169% for Rogers Communications Inc., and 61% for the S&P/TSX Composite Index.As of the first quarter, the company has posted 54 consecutive quarters of year-over-year adjusted Ebitda growth, according to the statement.The move comes as a surprise to some analysts. “Some may have assumed that Mr. Bibic might replace Mr. Cope during 2020 or perhaps the start of 2021, but our view is that the majority of people thought that Mr. Cope would lead the company into the 5G era over the next two to three years,” National Bank of Canada analyst Adam Shine said in a note Friday.It’s unlikely that Bibic will change much of the focus and strategy of BCE, Shine added.The leadership change comes as Justin Trudeau’s government continues its security review of 5G, weighing whether to ban Huawei Technology Co. from the the next-generation network. BCE’s Bell Canada and Telus are the most exposed Canadian telecos if Trudeau decides to freeze out Huawei. BCE will follow government rules before including any equipment from the Chinese titan, Cope told BNN Bloomberg TV.The executive added that live content for sports will be the future of the sporting program. “Video consumption is absolutely exploding,” he said, adding the company is well positioned to take it forward.(Updates with shares in 6th paragraph.)\--With assistance from Simran Jagdev, Natalie Wong and Aoyon Ashraf.To contact the reporter on this story: Jacqueline Thorpe in Toronto at jthorpe23@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, David Scanlan, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Huawei's 'fake demand' distorted global semiconductor growth
    Yahoo Finance

    Huawei's 'fake demand' distorted global semiconductor growth

    A new CLSA report says Huawei's stockpiling led to "faked" semiconductor demand that distorted growth by 8%.

  • Reuters

    BRIEF-Huawei Culture Expects To Swing To Net Loss In 2018

    Jan 29 (Reuters) - Huawei Culture Co Ltd: * SAYS IT SEES 2018 NET LOSS AT 1.12-1.35 BILLION YUAN VERSUS NET PROFIT OF 365.27 MILLION YUAN ($54.24 million) YEAR EARLIER Source text in Chinese: https://bit.ly/2UnSI9O ...

  • Reuters

    BRIEF-Huawei Culture's General Manager Resigns After Company's Ownership Change

    Jan 16 (Reuters) - Huawei Culture Co Ltd: * SAYS GENERAL MANAGER GUO XIANGBIN RESIGNS AFTER COMPANY'S OWNERSHIP CHANGE Source text in Chinese: https://bit.ly/2AK905p Further company coverage: (Reporting ...

  • Reuters

    BRIEF-Huawei Culture's Shareholder To Sell 5 Pct Stake In The Company For 221.9 Mln Yuan

    Jan 3 (Reuters) - Huawei Culture Co Ltd: * SAYS SHAREHOLDER SIGNS AGREEMENT TO SELL 5 PERCENT STAKE IN THE COMPANY FOR 221.9 MILLION YUAN ($32.35 million) Source text in Chinese: https://bit.ly/2LLX6wo ...

  • Reuters

    BRIEF-Huawei Culture's Chairman Guo Zhuocai Resigns Due To Change In Job Role

    Dec 18 (Reuters) - Huawei Culture Co Ltd: * SAYS CHAIRMAN GUO ZHUOCAI RESIGNS DUE TO CHANGE IN JOB ROLE Source text in Chinese: https://bit.ly/2PL625i Further company coverage: (Reporting by Hong Kong ...

  • Reuters

    BRIEF-Huawei Culture's Controlling Shareholder And Owner Plan To Sell 8.76 Percent Stake In The Company

    Nov 30 (Reuters) - Huawei Culture Co Ltd: * SAYS CONTROLLING SHAREHOLDER AND OWNER PLAN TO SELL A COMBINED 8.76 PERCENT STAKE IN THE COMPANY FOR 388.66 MILLION YUAN ($55.96 million) Source text in Chinese: ...

  • Reuters

    BRIEF-Huawei Culture's Trading In Shares To Resume On Nov 22

    Nov 21 (Reuters) - Huawei Culture Co Ltd: * SAYS TRADING IN SHARES TO RESUME ON NOV 22 Source text in Chinese: https://bit.ly/2zfdroj Further company coverage: (Reporting by Hong Kong newsroom)

  • Reuters

    BRIEF-Huawei Culture Scraps Asset Acquisition Due To Changes In Capital Market Conditions

    Nov 20 (Reuters) - Huawei Culture Co Ltd: * SAYS IT SCRAPS ASSET ACQUISITION DUE TO CHANGES IN CAPITAL MARKET CONDITIONS Source text in Chinese: https://bit.ly/2QX3W3X Further company coverage: (Reporting ...

  • Reuters

    BRIEF-Huawei Culture To Acquire Hangzhou Network Firm For 1.5 Bln Yuan

    Sept 28 (Reuters) - Huawei Culture Co Ltd: * SAYS IT PLANS TO BUY HANGZHOU-BASED NETWORK FIRM FOR 1.5 BILLION YUAN ($217.94 million) VIA CASH, SHARE ISSUE * SAYS IT AIMS TO RAISE UP TO 700 MILLION YUAN ...

  • Reuters

    BRIEF-Huawei Culture Still In Talks To Buy Zhejiang's Media Firm, Share Trade Still Halted

    Aug 3 (Reuters) - Huawei Culture Co Ltd: * SAYS IT IS STILL IN DISCUSSIONS TO BUY ZHEJIANG'S MEDIA FIRM, SHARE TRADE REMAINS SUSPENDED Source text in Chinese: https://bit.ly/2MeGi0x Further company coverage: ...

  • Reuters

    BRIEF-Huawei Culture To Acquire Culture Firm, Share Trade To Halt

    June 4 (Reuters) - Huawei Culture Co Ltd: * SAYS IT PLANS TO ACQUIRE CULTURE FIRM VALUED AT LEAST 3.0 BILLION YUAN VIA CASH, SHARE ISSUE * SAYS SHARE TRADE TO HALT FROM JUNE 5 Source text in Chinese: https://bit.ly/2suxXOr ...

  • Reuters

    BRIEF-Securities Regulator Rejects Huawei Culture's Share Private Placement Proposal

    March 20 (Reuters) - Huawei Culture Co Ltd: * SAYS SECURITIES REGULATOR REJECTS ITS SHARE PRIVATE PLACEMENT PROPOSAL Source text in Chinese: http://bit.ly/2IyJH8N Further company coverage: (Reporting by ...