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China Unicom Hong Kong Ltd (0762.HK)

0762.HK on Hong Kong Stock

11.36HKD
24 Oct 2017
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Latest Key Developments (Source: Significant Developments)

China Unicom Hong Kong updates on progress of matters relating to mixed ownership reform
Wednesday, 9 Aug 2017 07:11am EDT 

Aug 9 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Updates on matters relating to mixed ownership reform.Recently obtained approval from National Development And Reform Commission regarding its mixed-ownership reform pilot-run plan."Company has been informed by Unicom A share company that it is still negotiating with potential investors".Unicom A share co noted recent media coverage.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.Establishment of operating centers mentioned in article is not related to mixed ownership reform plan.Has been informed by Unicom A share co that it has not entered into any framework agreement with any potential investor.  Full Article

China Unicom Hong Kong clarifies on media coverage regarding its mixed ownership reform plan
Monday, 24 Jul 2017 05:04am EDT 

July 24 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Unicom Group recently obtained approval from National Development And Reform Commission regarding its mixed-ownership reform pilot-run plan.Unicom A share co is not aware of source of information in media reports and not entered into any legally binding documents with any potential investor.Unicom A share co noted that there have been media coverage about investors proposed to be introduced for its mixed ownership reform.Unicom A share company is still negotiating with potential investors.  Full Article

China Unicom reports operational statistics for June
Wednesday, 19 Jul 2017 05:26am EDT 

July 19 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Operational statistics for June 2017 .Net addition of mobile billing subscribers 1.091 million for June.For June, aggregate number of mobile billing subscribers 269.448 million.Aggregate number of 4G subscribers 138.808 million for June.‍June aggregate number of fixed-line broadband subscribers 76.921 million​.June net addition of fixed-line broadband subscribers 0.016 million.  Full Article

Hengtong Optic-electric wins China Unicom' bids to provide cables
Wednesday, 21 Jun 2017 11:05pm EDT 

June 22 (Reuters) - Hengtong Optic-electric Co Ltd <600487.SS> ::* Says co won two bids from China Unicom, to provide ordinary fiber optic cables and ribbon cables.  Full Article

China Unicom Hong Kong says May aggregate number of mobile billing subscribers 268.357 mln
Monday, 19 Jun 2017 04:43am EDT 

June 19 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:May aggregate number of mobile billing subscribers 268.357 million.In May ‍fixed-line business aggregate number of fixed-line broadband subscribers 76.905 million​.May net addition of mobile billing subscribers 1.053 million.  Full Article

China Unicom Hong Kong says Q1 net profit up by 79.3 pct
Friday, 21 Apr 2017 04:59am EDT 

April 21 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:Qtrly profit attributable to equity shareholders of company amounted to RMB 862 million, up by 79.3% year-on-year.Qtrly revenue RMB 69.005 billion versus RMB 70.34 billion.Qtrly service revenue amounted to RMB 61,426 million, up by 2.4% year-on-year.Q1 mobile billing subscriber arpu was RMB 46.7, 4g subscriber arpu was RMB 73.9.  Full Article

China Unicom Hong Kong says for March aggregate number of mobile billing subscribers 266.265 mln
Friday, 21 Apr 2017 04:51am EDT 

April 21 (Reuters) - China Unicom Hong Kong Ltd <0762.HK>:For March aggregate number of mobile billing subscribers 266.265 million.For March net addition of mobile billing subscribers 0.641 million.For March aggregate number of fixed-line broadband subscribers 76.589 million.For March net addition of fixed-line broadband subscribers 0.357 million.For March aggregate number of 4G subscribers 122.726 million.For March net addition of 4G subscribers 6.613 million.  Full Article

China Unicom Hong Kong updates on contemplation of matters relating to mixed ownership reform
Wednesday, 5 Apr 2017 08:39am EDT 

China Unicom Hong Kong Ltd <0762.HK> : Contemplation of significant matters by ultimate parent company and resumption of trading . Co has been notified by China United Network Communications Group Co Ltd that Unicom Group is contemplatin matters relating to mixed ownership reform . As related plan for these matters is still under further deliberation, these matters are still subject to substantial uncertainty . Made an application for resumption of trading in shares and debt securities of co with effect from 9 a.m. On 6 april 2017 . Significant matters may potentially involve a change in shareholding structure of unicom a share company .Significant matters may also involve using China United Network Communications Ltd as a platform for mixed ownership reform.  Full Article

China Unicom Hong Kong says Shao Guanglu has been appointed as executive director
Wednesday, 15 Mar 2017 04:54am EDT 

China Unicom Hong Kong Ltd <0762.HK> : Shao Guanglu has been appointed as an executive director of company with effect from 16 March 2017 .Looking ahead, China Telecom and co will further open existing base station resources.  Full Article

China Unicom Hong Kong posts 94 pct drop in full-year net profit
Wednesday, 15 Mar 2017 04:32am EDT 

China Unicom Hong Kong Ltd <0762.HK> : FY mobile billing subscriber average revenue per user (ARPU) RMB46.4 . FY profit attributable to equity shareholders of company was RMB0.63 billion, down by 94.1% year-on-year . 2016, service revenue of company reached RMB240.98 billion, up 2.4% year-on-year . FY broadband access ARPU RMB49.4 . FY revenue RMB274.197 billion versus RMB277.049 billion . Going forward, the company will continue to strive to improve profitability . Board has resolved not to pay a dividend for the year 2016 . Will promote frequency band and capacity reduction of 2G/3G networks in an orderly manner to improve management, cost effectiveness .Company approved payment of a final dividend of RMB0.17 per ordinary share for 2015.  Full Article

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Breakingviews - Communist Party assault muddles Chinese capitalism

WASHINGTON (Reuters Breakingviews) - China's President Xi Jinping wants to regain the private sector's confidence even as he squeezes it more tightly. Aligning private investment with state priorities could grease the bureaucratic skids for some companies, but more official meddling in board rooms is unlikely to produce good business decisions. Opaque party politics will confuse outside investors and blur the line between some state and private companies.