CHU - China Unicom (Hong Kong) Limited

NYSE - Nasdaq Real Time Price. Currency in USD
10.49
+0.08 (+0.77%)
As of 3:59PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close10.41
Open10.50
Bid10.49 x 1800
Ask10.50 x 4000
Day's Range10.45 - 10.54
52 Week Range10.33 - 14.17
Volume406,807
Avg. Volume445,073
Market Cap31.971B
Beta (3Y Monthly)0.99
PE Ratio (TTM)32.78
EPS (TTM)0.32
Earnings DateN/A
Forward Dividend & Yield0.20 (1.68%)
Ex-Dividend Date2019-05-15
1y Target Est14.16
Trade prices are not sourced from all markets
  • The 5 Best Telecom Stocks to Buy Now
    InvestorPlaceyesterday

    The 5 Best Telecom Stocks to Buy Now

    [Editor's note: This story was previously published in January 2019. It has been republished to reflect the current market sentiment for, what we believe, are long-tail investment ideas.]With the trade war raging, investors can't be blamed for wanting to play some defense. Even when the markets are having one of their green days lately, volatility has been looming. As such, people are buying some more stable stocks, such as the phone companies.Telecom stocks are known for their conservative nature. Even during bear markets and recessions, people tend to keep paying for their phones and internet connections. As such, telecom stocks are a solid place to take shelter during volatile market storms. The fact that most telecoms are dividend stocks, sometimes yielding excess of 5%, only adds to the appeal.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend With all that in mind, what telecom stocks are looking good as we head deeper into 2019? Telecom Stocks To Buy Now: T-Mobile (TMUS)Source: Mike Mozart via Flickr (modified)Let's start off with the telecom stocks to buy in the United States. Unfortunately, Verizon (NYSE:VZ) has run up recently and is no longer a strong value at this price. Meanwhile, AT&T (NYSE:T) has bet the farm on content with the Time Warner deal and is not a good choice for risk-averse telecom investors.That leaves us with T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S). For years now, there has been talk about how the two need to merge to stay competitive with AT&T and Verizon. It appears that the deal is finally coming to fruition now.On Monday, FCC head Ajit Pai said that: "In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date, I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve it." The deal is far from a sure thing. There is talk that the DOJ still has misgivings about the potential merger. But in general, the odds now appear to favor the government approving the long-discussed merger.Both T-Mobile and Sprint have struggled to achieve the sort of profitability that the larger two telecom players have obtained. However, combining T-Mobile's nearly 60 million subscribers with Sprint's 40 million would take the company to 100 million, overtaking AT&T to become number two player in the country. T-Mobile believes it can achieve a whopping $6 billion in yearly cost synergies out of the deal, giving it plenty of funds for robust 5G deployment along with, hopefully, dividends and perhaps a share buyback.TMUS stock looks expensive on a standalone basis now, but once it gets Sprint integrated, the company should be a huge profit generator. Telus (TU)Source: Shutterstock Vancouver, Canada-based Telus (NYSE:TU) is a strong choice for yield-seeking telecom investors. The company pays a 4.5% dividend and is gaining market share in its home country. It's supported by solid organic business growth. Telus sported 9.2 million paying subscribers at the end of 2018. That's a gain of around 200,000 subs since the end of 2017 and an increase of half a million since 2016. Telus has benefited from some of the lowest customer churn in the North American telecom industry, keeping customer acquisition costs in line while growing the user base.Telus stock has been off to a good start in 2019. Shares are up 13% year to date. But don't let the recent strength scare you off. Over the past five years, TU stock has consistently traded between $30 and $40, so the $37 share price is pretty muted. Why hasn't TU stock broken out to new highs yet?For one thing, there has been tons of talk about the Canadian "housing bubble" popping. Home prices, particularly in Toronto and Vancouver, have surged in recent years. Government action to cool the market has led to a reversal in prices. This could lead to a recession. Canadian housing data in 2019 is looking particularly ugly so far.Oil prices have been pretty spotty as well, and the Canadian government has taken some anti-oil measures that have led to job losses and economic slowdown in that key industry. * 7 Safe Stocks to Buy for Anxious Investors That said, telecom stocks hold up during recessions. People keep using their phones regardless. With that 4.5% dividend yield and selling at less than 12x forward earnings, TU stock is a buy on any weakness. China Unicom (CHU)Source: Maher Najm via FlickrIt's no secret that the ongoing U.S.-China trade war has put a hex on Chinese stocks. While most of the focus has gone to beaten-down Chinese tech companies, that's not the only place where we can go bargain shopping.For example, look at China Unicom (NYSE:CHU), a leading Chinese mobile carrier. CHU stock started the year at $10.50. It rallied to as far as $13.50 in March as U.S.-China relations were looking up. Now, however, the stock has slumped back to $10.50 as American investors don't want anything to do with Chinese shares.That said, the company, as of its recent semi-annual results, is posting strong numbers despite concerns about the Chinese economy. Its service revenue grew by 8.3%, for example, which was more than double the pace of the industry overall. EBITDA and free cash flow both grew by 5%. For a telecom companies these are fine numbers indeed, especially in a so-so economy.Prior to the trade war, China Unicom stock was trading around $14. Just a couple months ago, it almost reached that level again. From the current $10.50 share price, it's not hard to see a path to 25-30% gains later this year once the trade war is resolved.There's also the possibility that China Unicom may pair up with China Telecom (NYSE:CHA) to combine the second and third largest players in the Chinese market. With the rollout of expensive nationwide 5G networks on the way, this would help the two smaller players stay competitive and save money to compete against behemoth China Mobile (NYSE:CHL). In any case, don't overlook the Chinese mobile carriers as a way to play a fast-growing telecom market with huge mobile data demand.The trade war drama is a negative. Additionally, the FCC has already blocked China Mobile's bid to offer service in the U.S. on national security grounds, adding another question mark for the industry. Tension is high, but this won't drag on forever, and when it ends, CHU stock will make gains. Telefonica (TEF)Source: Shutterstock It was a rotten, no-good year for emerging markets in 2018. If anything, 2019 has gotten off to a worse start. China is dragging down emerging markets around the globe, and the strong U.S. dollar is another headwind. Europe's economy is struggling as well. Hence, Spain's Telefonica (NYSE:TEF) put in an underwhelming performance.Telefonica derives 24% of its business from Spain, 14% from Germany and 13% from the U.K., with most of the rest coming from assorted countries in Latin America. These economies have largely been mediocre to bad in recent years.However, with sustained underperformance comes opportunity. Economic activity tends to revert, and there have been some recent signs of life in various Telefonica markets, notably Brazil, Mexico, and Colombia. The company's operating income has quietly rebounded from just 3.5 billion Euros in 2015 to 5.5 billion in 2016 and 6.8 billion Euros in 2017 before a slight dip recently due to currency swings and restructuring charges. * 7 Stocks to Buy for Over 20% Upside Potential TEF stock has slid a bit in 2019 thanks to the weakness in emerging markets. The current $8 share price is just 5% or so above 52-week lows. That's also way down from the $15 level where it generally traded between 2012 and 2015. Regardless, profitability has been picking up and the company is one of the most widely diversified telecoms out there. It wouldn't take much for TEF stock to catch a bid. Additionally, it has historically paid extremely generous dividends and currently offers a 5% yield. Telecom Stocks To Buy Now: BT Group (BT)Source: Shutterstock For many American investors, BT Group (NYSE:BT) is overshadowed by the U.K's other telecom giant, Vodafone (NASDAQ:VOD). But don't sleep on BT. The $25 billion market cap BT Group has a rather impressive business of its own. And besides, Vodafone, with its recent dividend cut, has some problems at the moment.Turning to BT, it has its mobile business, enterprise division, international subsidiaries and so on. But its crown jewel is Openreach, which controls the phone cables and telecom pipes across Britain. This gives it an effective monopoly over the so-called last mile of connectivity. The British government was considering making BT divest this most powerful asset, but so far, it appears the worst of the regulatory storm has passed.Despite that, BT stock is down from more than $30 a share a few years ago to just $13 now. Much of this has been due to Brexit concerns. Businesses in particular have spent less in preparation for a potential slowdown in the British economy. BT's Italian subsidiary also was hit with an accounting scandal.Regardless, the selling is way overdone, as the company remains strongly profitable and has maintained its greater than 6% dividend yield despite the share price decline. The stock fell another 10% on its recent earnings report, setting up a dip-buying opportunity. From the low $13's, where the stock currently trades, Goldman Sachs sees nearly 50% upside. That, plus the dividend, would be a nice return indeed.At the time of this writing, Ian Bezek owned TEF, BT, and VOD stock. You can reach him on Twitter at @irbezek. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post The 5 Best Telecom Stocks to Buy Now appeared first on InvestorPlace.

  • Should Value Investors Buy Unicom (CHU) Stock?
    Zacks21 days ago

    Should Value Investors Buy Unicom (CHU) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Next Week’s Earnings Report Will Be a Biggie for Qualcomm Stock
    InvestorPlace28 days ago

    Next Week’s Earnings Report Will Be a Biggie for Qualcomm Stock

    Next Wednesday Qualcomm (NASDAQ:QCOM) will report its fiscal second quarter results. The Street consensus is that revenues will be $4.8 billion and the earnings will come to 70 cents a share, but such details probably won't matter much for Qualcomm stock.Source: Shutterstock Of course, the conversation will be about the company's recent legal settlement with Apple (NASDAQ:AAPL). The deal has certainly been a huge catalyst. Note that Qualcomm stock is up about 48% since the announcement and the valuation is at levels not seen since the heyday of the dot-com boom in the late 1990s.The details of the settlement are still kind of murky. But the broad outlines include: A payment to Qualcomm for prior missed licensing fees as well as a six-year license agreement (there is also a two-year option).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Cloud Stocks to Buy Now Now when it comes to litigation, QCOM has a standout track record. Then again it has little choice. The company's core business model is based on leveraging patents to get licensing fees. And this means being able to wage expensive lawsuits.But even though APPL has seemingly unlimited resources, this turned out to be a non-factor. So why did the company throw in the towel?Well, it probably had to do with 5G, which QCOM has a significant lead in terms of multi-gigabit speeds and low latency. As the rollouts of the networks get going, AAPL needs to have its iPhone at the cutting edge.In other words, the company really had no choice but to work something out with QCOM. Something else: As another sign of the company's prowess, Intel (NASDAQ:INTC) has announced that it will abandon its efforts to develop its own 5G modem chips for smartphones.But of course, there were other important highlights in the quarter, such as: * China Unicom (NYSE:CHU) began its 5G rollout with QCOM's Snapdragon 855 Mobile Platform, which is based on the X50 5G Modem. * QCOM announced significant traction with its Vision Intelligence Platform, which leverages AI and machine learning for sophisticated tracking, identification and classification of people, objects and sounds. Some of the partners include Microsoft (NASDAQ:MSFT), Cisco (NASDAQ:CSCO), AnyVision and Linkflow. * The company announced its AI chip for the data center, which is based on inference processing. The technology will supercharge applications like NLP (Natural Language Processing), image search and personalization. In fact, the chip has more than 10 times the performance per watt versus the most advanced AI solutions on the market. * QCOM launched its Robotics RB3 Platform. It's an integrated system to help design advanced robots and drones, whether for enterprise or consumer purposes. Some of the functions include computer vision, machine learning, perception, localization, mapping and navigation. * The company's CFO, George Davis, departed from the company after six years. David Wise, who is the Treasurer and Senior Vice President, will take his place on an interim basis until a permanent replacement is found. Bottom Line On Qualcomm StockBased on the settlement, QCOM estimates that there will be $2 per share in additional EPS. This would mean that this year will see a total of about $6 - putting the forward price-to-earnings multiple at 14X. This is fairly reasonable for a company that is poised to benefit from the 5G megatrend.Qualcomm stock also has an attractive dividend, which is at 4.35%. This is one of the highest among tech companies.True, there are still some notable risk factors with Qualcomm stock. After all, there will likely be challenges with the development of the 5G chips and there is also the pending lawsuit from Federal Trade Commission.But such things are manageable and yes, Qualcomm stock probably has room on the upside, especially as we learn more about the Apple agreement and the rollouts for 5G.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 5 Hot Dividend Stocks to Buy as the Weather Heats Up * 7 Dividend Stocks That Could Double Over the Next Five Years * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Cloud Stocks to Buy Now Compare Brokers The post Next Weeka€™s Earnings Report Will Be a Biggie for Qualcomm Stock appeared first on InvestorPlace.

  • CHU or CRNT: Which Is the Better Value Stock Right Now?
    Zacks29 days ago

    CHU or CRNT: Which Is the Better Value Stock Right Now?

    CHU vs. CRNT: Which Stock Is the Better Value Option?

  • Here’s a Glimpse of What Ericsson Is Pursuing in China
    Market Realistlast month

    Here’s a Glimpse of What Ericsson Is Pursuing in China

    The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)A total of 60% of the world’s 4G base stations are in China Ericsson (ERIC) expects Chinese operators to begin deploying 5G networks in the coming months, executives

  • Business Wirelast month

    China Unicom (Hong Kong) Limited 2018 Annual Report on Form 20-F Filed with the SEC

    China Unicom Limited and its subsidiaries announced that the Company filed its Annual Report on Form 20-F for the year ended December 31, 2018 with the U.S.

  • Reuterslast month

    BRIEF-China United Network Communications Says Q1 Net Profit Up 24.8 Percent Y/Y

    April 23 (Reuters) - China United Network Communications Ltd : * SAYS Q1 NET PROFIT UP 24.8 PERCENT Y/Y AT 1.6 BILLION YUAN ($238.16 million) Source text in Chinese: https://bit.ly/2PmZAmL Further company ...

  • Reuterslast month

    BRIEF-China Unicom Hong Kong Posts Qtrly Profit Attributable Of RMB 3.68 Bln

    April 23 (Reuters) - China Unicom Hong Kong Ltd: * QTRLY PROFIT ATTRIBUTABLE RMB 3,675 MILLION VERSUS RMB 3,005 MILLION * QTRLY REVENUE RMB 73,147 MILLION VERSUS RMB 74,935 MILLION Source text for Eikon: ...

  • Is Unicom (CHU) a Great Value Stock Right Now?
    Zackslast month

    Is Unicom (CHU) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • China’s Next Naval Target Is the Internet’s Underwater Cables
    Bloomberglast month

    China’s Next Naval Target Is the Internet’s Underwater Cables

    This is understandable: Consolidating it would provide Beijing with a huge windfall of oil and natural gas, and a potential chokehold over up to 40 percent of the world’s shipping. Another key element, one that’s far harder to discern, is Beijing’s increasing influence in constructing and repairing the undersea cables that move virtually all the information on the internet. To understand the totality of China’s “Great Game” at sea, you have to look down to the ocean floor.

  • Are Investors Undervaluing Unicom (CHU) Right Now?
    Zacks2 months ago

    Are Investors Undervaluing Unicom (CHU) Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Should You Buy China Unicom (Hong Kong) Limited  (NYSE:CHU)?
    Insider Monkey2 months ago

    Should You Buy China Unicom (Hong Kong) Limited (NYSE:CHU)?

    Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]

  • What Is iQiyi after with China Unicom Deal?
    Market Realist2 months ago

    What Is iQiyi after with China Unicom Deal?

    The Latest Buzz from Tencent and iQiyi(Continued from Prior Part)Companies to jointly create 5G productsiQiyi (IQ) will collaborate with China Unicom (CHU) to develop virtual reality (or VR) products, the companies announced recently. This

  • Should You Buy China Mobile's Post-Earnings Dip?
    Motley Fool2 months ago

    Should You Buy China Mobile's Post-Earnings Dip?

    The world’s largest wireless carrier faces near-term headwinds, but its long-term outlook remains bright.

  • BlackBerry to Offer Secure Voice Communication to NCI Agency
    Zacks2 months ago

    BlackBerry to Offer Secure Voice Communication to NCI Agency

    BlackBerry (BB) provides one of the most secure mobile enterprise solutions in the market through a broad portfolio of products and services. Growth in its cybersecurity business is a huge positive.

  • Reuters2 months ago

    BRIEF-China United Network Communications Says 2018 Net Profit Up 858.3 Percent Y/Y

    March 13 (Reuters) - China United Network Communications Ltd : * SAYS 2018 NET PROFIT UP 858.3 PERCENT Y/Y AT 4.08 BILLION YUAN ($608.16 million) Source text in Chinese: https://bit.ly/2CkCkjO Further ...

  • Reuters2 months ago

    China Unicom Hong Kong 2018 profit jumps more than five-fold

    Chinese telecom operator China Unicom Hong Kong on Wednesday reported a more than five-fold jump in 2018 net profit, beating estimates, which it attributed to a mixed-ownership reform. Net profit for the full year was 10.2 billion yuan ($1.52 billion), the company said in a statement, while 15 analysts polled by Refinitiv had an average forecast of 8.5 billion yuan. Total revenue for the full year rose 5.8 percent to 291 billion yuan, against the average estimate of 287 billion yuan by 21 analysts on Refinitiv.

  • Reuters2 months ago

    BRIEF-China Unicom Hong Kong Says FY Profit Attributable RMB10.20 Bln

    March 13 (Reuters) - China Unicom Hong Kong Ltd: * FY REVENUE RMB 290,877 MILLION VERSUS RMB 274,829 MILLION * FY PROFIT ATTRIBUTABLE RMB10,197 MILLION VERSUS RMB1,828 MILLION * PROPOSED PAYMENT OF A FINAL ...

  • Top Ranked Value Stocks to Buy for March 1st
    Zacks3 months ago

    Top Ranked Value Stocks to Buy for March 1st

    Top Ranked Value Stocks to Buy for March 1st

  • Ericsson Bemoans Europe’s Slow 5G Progress
    Market Realist3 months ago

    Ericsson Bemoans Europe’s Slow 5G Progress

    The Latest Updates from Nokia and Ericsson(Continued from Prior Part)Europe’s undoing includes heavy regulation Ericsson (ERIC) fears that Europe could be shooting itself in the foot by failing to provide an environment that would spur the uptake

  • Top Ranked Value Stocks to Buy for February 27th
    Zacks3 months ago

    Top Ranked Value Stocks to Buy for February 27th

    Top Ranked Value Stocks to Buy for February 27th

  • Why Ericsson Is Waging a Price War in China
    Market Realist3 months ago

    Why Ericsson Is Waging a Price War in China

    The Latest Updates from Nokia and Ericsson(Continued from Prior Part)Ericsson placed lowest bid for China Unicom tenderEricsson (ERIC) appears to be waging a price war against its competitors in China as it seeks to expand its foothold in the

  • The Zacks Analyst Blog Highlights: China Eastern Airlines, China Southern Airlines, JinkoSolar, China Unicom (Hong Kong) and RYB Education
    Zacks3 months ago

    The Zacks Analyst Blog Highlights: China Eastern Airlines, China Southern Airlines, JinkoSolar, China Unicom (Hong Kong) and RYB Education

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  • Reuters3 months ago

    BRIEF-Arm And China Unicom Sign Partnership Agreement To Drive Iot Adoption In China

    Feb 26 (Reuters) - Arm: * ARM AND CHINA UNICOM SIGN PARTNERSHIP AGREEMENT TO DRIVE IOT ADOPTION IN CHINA Source text for Eikon: Further company coverage: