China Unicom (Hong Kong) Ltd.
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China Unicom (Hong Kong) is one of China's top three telecommunications companies. Its parent company, state-owned China United Network Communications Group, was established in 1994 and is supervised by the State-Owned Assets Supervision and Administration Commission. China Unicom took over core assets of its parent company and listed on the stock market.
China Unicom entered the mobile phone business in 2002. In 2009, it became the first company in China to introduce 3G (third-generation) mobile services and has since spearheaded efforts to spread the service by building base telecommunications stations and other related infrastructure throughout China.
Of China's total 1.3 billion mobile phone users, a little more than 20% subscribe to China Unicom's service, giving it the second-largest market share after China Mobile. China Unicom has also become a major player in the global telecommunications market and aims to expand its business in other Asian countries and in Africa.
The Chinese government is currently promoting 4G mobile services. China Unicom is building infrastructure compatible with the FDD-LTE mobile standard, as is China Telecom. China Unicom is trying to differentiate its service from those of its rivals by combining its existing 3G service with a proprietary high-speed data communication service.
China United Network Communications Group is China Unicom's leading shareholder, owning a little more than 60% of its outstanding shares.
|Income before tax||15,340.66M||1,977.91M|
|Dividends Per Share||0.19||0.02|
|Operating cash flow||119,718.29M||15,435.58M|
|Currency in HKD||Currency in USD|
|Dec 2016||Dec 2017||Dec 2018||Dec 2019||Dec 2020|
|Income before tax||498.91M||2,989.95M||15,493.84M||13,790.69M||15,340.66M|
|Dividends Per Share||0||0.06||0.15||0.16||0.19|
|Operating cash flow||87,546.09M||98,345.62M||110,423.08M||106,211.68M||119,718.29M|
|Dec 2016||Dec 2017||Dec 2018||Dec 2019||Dec 2020|
|Income before tax||64.27M||383.68M||1,976.87M||1,760.09M||1,977.91M|
|Dividends Per Share||0||0.00||0.01||0.02||0.02|
|Operating cash flow||11,278.14M||12,620.03M||14,088.98M||13,555.71M||15,435.58M|
- Chairman & Chief Executive Officer: Xiao Chu Wang
- President & Executive Director: Zhong Yue Chen
- Senior Vice President: Biao He
- Senior Vice President: Yan Zhou Mai
- Investor Relations Contact: Ivan Wong
- China United Network Communications Ltd. (53.5%)
- China State-Owned Assets Supervision & Admn Commission (27.1%)
- Norges Bank Investment Management (0.2%)
- State Street Global Advisors Asia Ltd. (0.1%)
- Swedbank Robur Fonder AB (0.1%)
- APG Asset Management NV (0.1%)
- Hang Seng Investment Management Ltd. (0.0%)
- JPMorgan Asset Management (Asia Pacific) Ltd. (0.0%)
- FIL Investment Management (Hong Kong) Ltd. (0.0%)
- Foresight Fund Management Co., Ltd. (0.0%)
- Address: 75th Floor, The Center, 99 Queen's Road Central, Hong Kong, Hong Kong
- Phone: +852.2126.2018
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Copyright © 2021 FactSet Research Systems Inc. All rights reserved.Last Updated on 27 Jul, 2021
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