CHU News and Press, China Unicom (Hong Kong) Ltd From 01/19/21

Massive capacity and large user base help China Tower form a strong moat. Its poor stock performance might be due to the unsatisfactory growth within the core segments throughout 2020. This, in turn, is a result of the low pricing power of China Tower's 5G-related businesses. ...

After Huawei and ZTE, the Trump administration has added smartphone maker Xiaomi (XIACF) to a blacklist of alleged Chinese military companies.The move means that Xiaomi is now subject to a November executive order restricting American investors from buying shares or relate...

The state-owned Chinese telecoms have rallied on the New York Stock Exchange - gains that come after a strong move up in Hong Kong following a record inflow of cash from mainland China. Hong Kong stocks saw a record HK$19.5B (about $2.5B) in purchases Monday, with China Mobile (CHL +5.4%), Ch...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Tech tunes in to CES 2021 The Consumer Electronics Show kicks off today, the big industry event for consumer technology companies that's normally held in L...

The China crackdown seen on Wall Street is extending to the Far East, where Goldman Sachs (GS), JPMorgan (JPM) and Morgan Stanley (MS) said they will delist 500 Hong Kong-listed structured products linked to China Mobile (CHL), China Telecom (CHA) and China Unicom (CHU), as well as local inde...

Shares of China Unicom (NYSE: CHU) plummeted after the New York Stock Exchange said in a statement late Wednesday that it would move forward with delisting the Chinese telecom company and some of its peers. The tech stock fell by as much as 13.8% Thursday and was down by 1...

China Mobile (NYSE: CHL) , the largest telecom company in China, and its two smaller peers, China Telecom (NYSE: CHA) and China Unicom (NYSE: CHU) , were all recently targeted with a delisting order from the Trump administration. Last November, President Donald T...

State-owned Chinese telecoms have swung negative premarket, as the New York Stock Exchange confirms it's moving forward with delisting the companies. China Mobile (CHL) is -3.1% premarket; China Telecom (CHA) is -1.2% and China Unicom (CHU) is -2.4%. Trading of the companies will be suspended...

The New York Stock Exchange is considering proceeding in delisting three major Chinese telecommunications firms after Treasury Secretary Steven Mnuchin criticized its decision to grant the companies a reprieve, Bloomberg reports.This is the second time NYSE plans to reverse its course after T...

Headed into the market close, state-owned Chinese telecoms are mostly holding their session-long gains following a reversal of the NYSE's decision to delist the stocks: China Mobile (CHL) +9.1%; China Telecom (CHA) +7.5%; China Unicom (CHU) +11.9%. The question for investors whipsawed by the ...