China United Network Communications Limited (SHA: 600050)

China flag China · Delayed Price · Currency is CNY
5.09
-0.13 (-2.49%)
Nov 12, 2024, 3:00 PM CST
14.38%
Market Cap 161.86B
Revenue (ttm) 381.03B
Net Income (ttm) 8.72B
Shares Out 31.80B
EPS (ttm) 0.29
PE Ratio 17.76
Forward PE 16.65
Dividend 0.15 (2.84%)
Ex-Dividend Date Oct 30, 2024
Volume 297,577,312
Open 5.21
Previous Close 5.22
Day's Range 5.07 - 5.21
52-Week Range 3.90 - 5.89
Beta 0.64
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About China United Network Communications

China United Network Communications Limited, together with its subsidiaries, provides various telecommunication services in the People’s Republic of China. The company offers mobile network services, and broadband and mobile data services. It also provides value added services, including text messaging, ringback tone, personalized ringback tone, caller ID, and secretarial services, as well as sells communication terminal and equipment products. In addition, the company offers data and other internet services, such as internet data centers, clou... [Read more]

Founded 2001
Employees 242,891
Stock Exchange Shanghai Stock Exchange
Ticker Symbol 600050
Full Company Profile

Financial Performance

In 2023, China United Network Communications's revenue was 372.60 billion, an increase of 4.97% compared to the previous year's 354.94 billion. Earnings were 7.96 billion, an increase of 11.93%.

Financial Statements

News

Hong Kong stocks ride 2-day wave of earnings optimism as China Unicom gains

Investors are gearing up for results from 22 Hang Seng Index constituents through the end of the month, including HSBC, BYD and ICBC.

21 days ago - South China Morning Post

WISCO, China Unicom and ZTE recognized as "Best Mobile Innovation for Connected Economy" at the GLOMO Awards 2024

ZTE , together with China Unicom, has delivered the world ' s largest 5G private network in the global steel industry for WISCO, achieving an impressive 99% 5G coverage The project has successfully de...

9 months ago - PRNewsWire

Tencent and China Unicom gain approval to set up 'mixed ownership' company

Chinese tech giant Tencent Holdings and state-owned telecommunications firm China Unicom have received regulatory approval to set up a so-called "mixed ownership" company, a public document showed on ...

2 years ago - Reuters

FCC blocks China Unicom from US telecom market

The Federal Communications Commission on Thursday voted to ban China Unicom, a state-owned Chinese telecommunications carrier, from offering telecom services in the United States.

3 years ago - CNN Business

F.C.C. revokes the ability of China Unicom to operate in the U.S.

The agency cited national security in revoking the license for the American subsidiary of a state-owned Chinese telecom operator.

3 years ago - NYTimes

US regulator revokes China Unicom's authorization to operate in the U.S

The U.S. Federal Communications Commission (FCC) on Thursday voted to revoke the authorization for China Unicom's U.S. unit to operate in the United States.

3 years ago - Reuters

China Unicom: A Leader in the Chinese 5G Mobile Market

Increasing subscriptions to mobile phone services in China offers superb growth prospects for the major companies in this sector. The 5G technology will be a strong catalyst as it will allow higher co...

3 years ago - GuruFocus

China Unicom and ZTE conduct industry's first commercial trial of Intelligent Radio Network Orchestration Solution

SHENZHEN, China, June 11, 2021 /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile ...

3 years ago - PRNewsWire

President Biden expands Trump's list of Chinese companies banned from US investment

President Joe Biden signed an executive order Thursday banning Americans from investing in 59 Chinese firms believed to be linked to China's military, expanding an earlier Trump administration order.

3 years ago - CNN Business

U.S. Blacklists More Chinese Companies. What It Means for Investors.

President Biden banned 59 defense and surveillance-technology firms from U.S. investment, up from the 44 blocked by the Trump administration.

3 years ago - Barrons

White House expands investment ban on Chinese tech and telecom companies

The Biden administration has replaced and expanded Trump-era restrictions on investing in certain Chinese firms deemed supportive of that country's surveillance and military apparatus. Major tech, spa...

3 years ago - TechCrunch

China Unicom seeks to deregister its American Depositary Shares and terminate reporting obligations under the United States Securities Exchange Act

HONG KONG, May 28, 2021 /PRNewswire/ -- China Unicom (Hong Kong) Limited and its subsidiaries ("China Unicom" or "the Company" and "the Group") (HKEx: 0762) referred to its announcement dated 7 May 20...

3 years ago - PRNewsWire

U.S. postpones ban on trading some Chinese stocks

CNBC's Becky Quick gives the latest details on the proposed U.S. ban on trading certain Chinese stocks.

3 years ago - CNBC Television

Three Chinese telecom companies to be delisted by NYSE

Three Chinese telecommunications companies said on Friday they will be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to last year.

3 years ago - Reuters

3 Chinese telecom carriers will be delisted from NYSE after losing appeals over a Trump-era investment rule

Shares of three major Chinese telecom carriers will be delisted from the New York Stock Exchange after their appeals against being delisted were rejected, based on separate filings in Hong Kong, The W...

3 years ago - Business Insider

China Unicom (Hong Kong) Limited 2020 Annual Report on Form 20-F Filed With the SEC

HONG KONG--(BUSINESS WIRE)--China Unicom (Hong Kong) Limited and its subsidiaries (“China Unicom” or “the Company” and “the Group”) (HKEx: 0762; NYSE: CHU*) announced that the Company filed its Annual...

3 years ago - Business Wire

Chinese Telecom Companies Ask NYSE to Reverse Delisting Plan

Here's what you need to know to navigate the markets today.

4 years ago - Barrons

Nuveen exits Chinese companies affected by U.S. investment ban

Nuveen, the $1.1 trillion asset management arm of TIAA, has sold out of the Chinese companies affected by the recent ban on U.S. investment, it said in an email to Reuters.

4 years ago - Reuters

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 deposi...

4 years ago - Reuters

Don't Pigeonhole China Tower, An Essential 5G Stock To Follow

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.

4 years ago - Seeking Alpha

S&P Dow Jones says will remove ADRs of Chinese telecom companies

S&P Dow Jones Indices said late on Wednesday it will remove the American Depositary Receipts (ADR) of three Chinese telecom companies, China Mobile Ltd,, China Telecom Corporation Ltd, and China Unico...

4 years ago - Reuters

NYSE About-Face on China Telecoms Ban Is Latest Sign of Confusion

The stock exchange's reversal was the latest sign of confusion for investors and companies as they navigate a series of broad China-related executive orders.

4 years ago - Barrons

Chinese telecom stocks to be de-listed as NYSE reverses course again (CHA, CHL, CHU)

The New York Stock Exchange reversed course again on Wednesday, saying it will now delist three major Chinese telecoms hit by President Trump's executive order. China Mobile, China Telecom, and China ...

4 years ago - Business Insider

China slams US order banning transactions with 8 Chinese apps

China's government on Wednesday accused Washington of misusing national security as an excuse to hurt commercial competitors after President Trump signed an order banning transactions with payment ser...

4 years ago - New York Post

China stocks fall as NYSE flip-flops back to delisting 3 Chinese telecoms

U.S. traded shares of Chinese companies fell Wednesday as the New York Stock Exchange changed its mind once again on whether or not to delist a trio of China-based telecom stocks.

4 years ago - Market Watch