|Bid||11.320 x 0|
|Ask||11.340 x 0|
|Day's Range||11.200 - 11.360|
|52 Week Range||8.840 - 13.240|
|PE Ratio (TTM)||340.15|
|Forward Dividend & Yield||0.20 (6.09%)|
|1y Target Est||14.16|
Dec 11 (Reuters) - Zhong Fu Tong Co Ltd: * SAYS IT WINS CHINA UNICOM'S BIDS FOR 208.6 MILLION YUAN ($31.52 million) Source text in Chinese: http://bit.ly/2kXMDom Further company coverage: ($1 = 6.6170 ...
Nokia (NOK) enters into a contract with China Unicom to provide small cells for advancement of mobile broadband network in China.
HONG KONG , Oct. 27, 2017 /PRNewswire/ -- China Unicom (Hong K ong) Limited ("China Unicom" or "the Company") (HKEx: 0762; NYSE: CHU) is pleased to announce that its 2016 annual report ...
Cellular connectivity was only briefly available with one telecom company in China earlier. Now, it's not available anywhere.
Demand for mobile video is growing rapidly in China (MCHI), thanks to factors such as the improving availability of smartphones, Internet access, and mobile video content.
North Korea has opened a second internet connection with the outside world, this time via Russia, a move which cyber security experts said could give Pyongyang greater capability to conduct cyber attacks. North Korea has been blamed by Western governments for several major cyber attacks in recent years, including against banks and Sony Pictures, as well as the WannaCry ransomware attack that froze computers unless their owners sent cash. Pyongyang has denied any involvement.
China's securities regulator said that company ownership reform plans must strictly abide by existing regulations, hinting there will be no repeat of the special treatment given to China Unicom in its $11.7 billion restructuring. The China Securities Regulatory Commission (CSRC) said in a statement on Friday that it would "continue to support mixed-ownership reforms" of state-owned firms.
China Unicom (Hong Kong) Ltd. will raise as much as HK$88.1 billion ($11.3 billion) by selling new shares to its parent as part of a government-led ownership overhaul of the nation’s second-largest wireless ...
It sounds innocent enough — "mixed ownership reform." That is the phrase the Chinese...
KuangChi Science Ltd said its parent has invested 4 billion yuan in a 1.88 percent stake in China United Network Communications Ltd, becoming one of its strategic investors under a mixed ownership reform ...
China Unicom's $11.7 billion ownership reform plan does not violate rules, the nation's securities regulator said, helping shares in the telecom group's units surge as they resumed trade on Monday after speculation that the deal was under scrutiny. The deal, in which Unicom's Shanghai-listed unit will tap more than a dozen major investors, including Alibaba Group (BABA.N), Tencent Holdings and Baidu (BIDU.O), for funds, had sown much confusion after it was first announced last Wednesday. China Unicom had taken down a statement from the Shanghai stock exchange last week, citing technical issues, and shares in both units remained suspended last week.
Shares of Unicom Group’s key units in Shanghai and Hong Kong rose after China’s second-largest wireless carrier announced a $11.7 billion stock sale as part of a government push to draw private capital ...
The state-owned group had announced on Wednesday it was raising the funds via its Shanghai-listed unit from more than a dozen investors, including tech giants Alibaba Group (BABA.N), Tencent Holdings , and Baidu (BIDU.O). The deal represents the largest capital raising in the Asia-Pacific region since insurer AIA's (1299.HK) 2010 market debut, as per Thomson Reuters data.
China Unicom saw strong earnings growth amid soaring mobile data consumption and a growing mix of 4G customers in the first half. It also formally announced its mixed ownership reforms.
For a deal that’s been months in the making, the $11.7 billion share sale plan announced by China’s second-largest wireless carrier sure looked like a rushed job. The briefing material listed CRRC Corp. as one of its new investors but the Chinese train maker said the following morning that it didn’t participate in the deal.