00762 CHINA UNICOM
- 6.600
- +0.100+1.54%
CHINA UNICOM News
Hong Kong stocks movement | The telecommunication sector rose in the afternoon, with china united network communications (00762) at one point surging over 3%. ubs group stated that telecommunication companies are expected to achieve full-year profit guida
The telecommunication sector rose in the afternoon; as of the time of writing, china united network communications (00762) is up 2.62%, priced at 6.67 HKD; china telecom (00728) is up 0.88%, priced at 4.59 HKD; china mobile (00941) is up 0.62%, priced at 72.7 HKD.
citic sec: Four industry associations have spoken out, calling for the localization of chips, which has a significant guiding role in the direction.
On December 3, 2024, the four major industry associations of china's semiconductors/autos/internet/communication companies collectively issued a statement, firmly opposing the usa's export restrictions against china, stating that relevant chip products from the usa are no longer safe or reliable, and calling for the active use of chips produced by domestic and foreign enterprises in china.
Brokerage morning meeting highlights: The construction of a national unified electrical utilities market is accelerating, bullish on three main lines.
In today's brokerage morning meeting, htsc stated that the construction of a national unified electrical utilities market is accelerating, with a bullish outlook on three main lines; Galaxy Securities indicated that 5G applications are expected to develop on a large scale, selecting high-quality symbols with improved marginal prosperity; haitong sec expressed a bullish view on the steady rise of rare earth prices.
Express News | China Communications Enterprise Association: To ensure the security and stability of the information communication industry chain and supply chain, caution should be exercised in purchasing American chips.
【Brokerage Focus】 UBS Group: China telecom industry shows moderate recovery, telecom companies are expected to achieve annual profit guidance.
Jinwu Financial News | In a recent research report by ubs group on the telecommunication services industry in china, it was pointed out that according to data from the Ministry of Industry and Information Technology of china, the service revenue of the telecommunication industry in October 2024 is expected to grow by 2.6% year-on-year, a recovery compared to 1.8% in the third quarter, but still mild compared to 1.6% in the same period last year. The report mentions that mobile data revenue and fixed data revenue grew by 1.7% and 5.2% year-on-year, respectively, which is an improvement compared to 2.0% and 1.1% in September. Traditional telecommunication service revenue increased by 2.1%, while value-added service revenue grew by 4.2%, compared to 5.0% in the third quarter and the same period last year.
Hong Kong stock concept tracking | The State-owned Assets Supervision and Administration Commission + Development and Reform Commission improve the liability exemption mechanism for central enterprises. Institutions focus on the investment value of centra
Establishing a mechanism for due diligence and compliance to exempt accountability in two departments.
Express News | China United Network Communications signs a strategic cooperation agreement with China Film Group.
Express News | Two departments: In response to the issues of state-owned capital venture investments being "reluctant to invest" and "unwilling to invest", a sound assessment and compliance exemption mechanism suitable for the characteristics of state-owned central ente
China Unicom Launches Middle East Operations With New Subsidiary in Dubai
Data reveals | What did Northern funds buy in November? They crazily invested nearly 10.6 billion Hong Kong dollars in Alibaba and increased their holdings in Tencent by nearly 8 billion Hong Kong dollars.
In November, Southbound funds "fiercely attacked" Hong Kong stocks, with a cumulative net buy amount of over 120 billion Hong Kong dollars, hitting a new high in nearly three years.
Express News | China Film Co., Ltd. has deepened its collaboration with China United Network Communications in areas such as network construction.
In "The Big Line," China International raised the rating of the telecommunications industry in China to "shareholding" with improved earnings visibility.
Ckh Holdings published a report stating that the Ministry of Industry and Information Technology's October 2024 monthly report will be released on November 27, showing a stable year-on-year increase of 2.1% in total revenue from telecommunication services for October, with new business growing by 4.2% year-on-year. The bank has upgraded the rating of the telecommunication services industry from 'neutral' to 'shareholding', even though the PE bases of all major telecommunication companies are at +1 standard deviation. The reason is the predictability of telecommunication companies' profit growth and stable dividend yields, which is ideal in the current market conditions; efforts to reduce local government debt will help reignite cloud/AI infrastructure spending and validate the role of telecommunication companies.
MIIT: The telecommunications business revenue for the first ten months has accumulated nearly 1.5 trillion RMB, with a year-on-year increase of 2.6%.
The latest data released by the Ministry of Industry and Information Technology shows that the overall running of the communications industry in the first ten months of 2024 is stable, with telecommunications business revenue achieving positive growth, and emerging businesses continue to play a driving role. During this period, telecommunications business revenue totaled 1.45 trillion yuan, an increase of 2.6% year-on-year. Emerging business revenues are growing rapidly, accounting for nearly one-fourth of telecommunications business revenue, becoming an important force driving industry growth. The total telecommunications business volume increased by 10.4% year-on-year, with broadband Internet revenue from basic telecommunications enterprises accounting for 15.7%, and mobile data traffic revenue accounting for nearly 40%.
Hong Kong stock concept tracking | The large-scale application of 5G welcomes significant bullish news! Asia vets and 5G new calls are expected to benefit (including concept stocks).
On November 25th, the Ministry of Industry and Information Technology and twelve other departments issued the "5G Scale Application "Sailing" Action Upgrading Plan", in which it was proposed to promote 5G driving new consumer upgrades.
China Unicom Reports Strong Growth in Connectivity and Innovation
China United Network Communications (00762.HK) saw its net increase in 5G customers slow to 2.025 million on October.
China United Network Communications (00762.HK) announced that as of October this year, the total number of 'The Great Connection' users reached 1.118 billion households, with a net increase of 12.572 million households in a single month, a slower growth compared to the net increase of about 14.816 million households in September. Among them, the cumulative number of 5G package users reached 0.288 billion households, with a net increase of 2.025 million households in a single month, slower than the net increase of 3.075 million households in September.
China United Network Communications (00762): In October, the problem resolution rate for smart customer service was 98.8%.
china united network communications (00762) announced that as of October 2024, the total number of 'Big Connection' users reached approximately ...
Express News | China United Network Communications: As of October, the total number of 'Dalianjie' users reached 1.118 billion households.
Express News | China United Network Communications: The total number of 5G plan users in October is 0.2876 billion.
Insurance capital is intensively increasing stakes in dividend stocks! What is the reason?
Currently, there are quite a few shareholders of insurance funds that hold more than 5% of the circulating shares of listed companies. In addition to some being unlocked restricted shares, there have also been many actions of shareholding and new stakes taken, with at least 14 instances of such actions this year.
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