China Unicom (Hong Kong) Ltd (CHU) News

China Unicom (Hong Kong) Ltd (CHU): $6.03

0.56 (+10.24%)

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Industry: Telecom - Foreign

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CHU News Highlights

  • For CHU, its 30 day story count is now at 45.
  • Over the past 19 days, the trend for CHU's stories per day has been choppy and unclear. It has oscillated between 1 and 32.
  • The most mentioned tickers in articles about CHU are RACE, AB and PEAK.

Latest CHU News From Around the Web

Below are the latest news stories about CHINA UNICOM (HONG KONG) Ltd that investors may wish to consider to help them evaluate CHU as an investment opportunity.

Forget 5G, the U.S. and China Are Already Fighting for 6G Dominance

(Bloomberg) -- Most of the world is yet to experience the benefits of a 5G network, but the geopolitical race for the next big thing in telecommunications technology is already heating up.For companies and governments, the stakes couldn’t be higher. The first to develop and patent 6G will be the biggest winners in what some call the next industrial revolution. Though still at least a decade away from becoming reality, 6G — which could be up to 100 times faster than the peak speed of 5G — could deliver the kind of technology that’s long been the stuff of science fiction, from real-time holograms to flying taxis and internet-connected human bodies and brains.The scrum for 6G is already intensifying even as it remains a theoretical proposition, and underscores how geopolitics is fueling te...

Yahoo | February 8, 2021

China awaits NYSE call on telecoms trio

The off-and-on saga of delisting three Chinese telecoms giants in the United States continues. The latest has seen China Telecom, China Mobile and China Unicom apply to the New York Stock Exchange to reverse delistings ordered by former president Donald Trump. It’s unclear at the moment what the exchange management will decide, or what new President Joe Biden’s stance will be on state-owned companies.However, a simple question may be asked: why bother relisting? Trump’s executive order banning…

South China Morning Post | January 27, 2021

China telecom companies ask NYSE to review decision to delist ADS

China Mobile, China Unicom (Hong Kong) and China Telecom Corp. said separately that they have filed a written request with the NYSE to reverse its ‘determination to re-commence delisting proceedings of ADSs’

Livemint | January 20, 2021

Chinese telecom firms seek review of NYSE delisting decision

Telecom companies China Unicom Hong Kong Ltd, China Mobile and China Telecom Corp said on Thursday they had requested the New York Stock Exchange to review its decision to delist their American depositary shares.

Channel NewsAsia | January 20, 2021

U.S. Blacklists Xiaomi in Widening Assault on China Tech

(Bloomberg) -- Xiaomi Corp. plunged a record 10% after the Trump administration blacklisted China’s No. 2 smartphone maker and 10 other companies, broadening efforts to undercut the expansion of the country’s technology sector.The U.S. has targeted scores of Chinese companies for the stated purpose of protecting national security, but going after Xiaomi was unexpected. The Beijing-based company has been viewed as China’s answer to Apple Inc., producing sleek smartphones that draw loyal fans with each new release. The company, which vies with Huawei Technologies Co. for the title of China’s No. 1 mobile device brand, also makes electric scooters, earphones and smart rice cookers.The news was “really surprising to me,” said Kevin Chen, a Hong Kong-based analyst at China Merchants Securiti...

Yahoo | January 15, 2021

U.S. Targets Xiaomi, Cnooc in Trump’s Late Anti-China Push

(Bloomberg) -- The Trump administration blacklisted Chinese smartphone manufacturer Xiaomi Corp. for alleged military links along with the country’s third-biggest oil company over its drilling in the South China Sea, part of a final push to ratchet up pressure on Beijing before President-elect Joe Biden takes office.Xiaomi was one of nine firms added to the Defense Department’s list of Chinese military companies, a move that will restrict U.S. investments in its securities. Other firms include state-owned planemaker Commercial Aircraft Corp. of China Ltd., or Comac, which is central to China’s goal of creating a narrow-body plane that can compete with Boeing Co. and Airbus SE.Meanwhile, the Commerce Department’s move against China National Offshore Oil Corp., the nation’s main deepwater...

Yahoo | January 15, 2021

Xiaomi Shares Plunge More Than 12% Over Inclusion on U.S. Blacklist

By Gina Lee

Yahoo | January 15, 2021

Wall Street firms reduce exposure to Chinese telcos as US ban approaches

Goldman Sachs, JPMorgan, and Morgan Stanley will delist 500 Hong Kong-listed structured products that are linked to China Mobile, China Telecom, and China Unicom

Rappler | January 11, 2021

BlackRock joins global funds in divesting Chinese telecoms stocks as US sanctions kick in

BlackRock, the world’s biggest money manager, has been selling stakes in three Chinese telecommunication providers after the US put them on its sanctions list and an investment ban kicked in from this week.The firm reduced its holdings in China Mobile, China Telecom and China Unicom in recent weeks and plans to keep selling, according to a person with knowledge of the matter. One of the biggest investors in the companies, BlackRock is responding to the executive order issued by President Donald…

South China Morning Post | January 11, 2021

Tracker Fund, Hong Kong’s biggest ETF, to stop new investment in stocks sanctioned under US executive order

Tracker Fund, Hong Kong’s biggest exchange-traded index fund, will not add new purchases in companies sanctioned by the US to its HK$105.3 billion (US$13.6 billion) investment portfolio, adding to a series of market upheavals over the past two months.The decision by its manager State Street Global Advisors Asia came after several Wall Street investment banks decided to also delist warrants and other derivative products tied to China Mobile, China Unicom and China Telecom – three of the Chinese…

South China Morning Post | January 11, 2021


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