China Unicom Hong Kong Ltd (0762.HK)
21 Nov 2018
HONG KONG, Oct 21 Telecom giant China Unicom said net profit in the first three quarters of the year will be around 8.78 billion yuan ($1.27 billion), up 116.6 percent from a year earlier, as mixed-ownership reforms boosted growth.
HONG KONG (Reuters Breakingviews) - China's 5G ambitions will cross wires with M&A logic. Beijing might merge state-owned wireless carriers China Unicom and China Telecom to create a $70 billion-plus telco giant – and a market duopoly. Consolidation could accelerate the development of ultra-fast networks, but industrial policy goals will limit the financial benefits.
* HK->Shanghai Connect daily quota used 2 pct, Shanghai->HK daily quota used 1.4 pct
HONG KONG, Aug 15 China Unicom Hong Kong on Wednesday reported a 145 percent rise in first-half net profit, helped by mobile revenue growth and cost control.
HONG KONG China Tower Corp Ltd's shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward the world's biggest initial public offering (IPO) in two years. | Video
HONG KONG China Tower Corp Ltd's shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment towards the world's biggest initial public offering (IPO) in two years. | Video
* Shares close at issue price of $1.26 versus peak of HK$1.29
HONG KONG (Reuters/IFR) - China Tower Corp Ltd has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal said on Wednesday, in the world's biggest listing in two years.
* Tower shares priced at bottom of offered range at HK$1.26 each