China Unicom (Hong Kong) Ltd logo

China Unicom (Hong Kong) Ltd

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HKSE:00762 (Hong Kong)  
HK$ 6.79 (+0.3%) Nov 5
9.51
P/B:
0.53
Market Cap:
HK$ 207.76B ($ 26.73B)
Enterprise V:
HK$ 168.17B ($ 21.64B)
Volume:
33.01M
Avg Vol (2M):
50.92M
Trade In:
Volume:
33.01M
Avg Vol (2M):
50.92M

Business Description

Description
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As of September 2024, it had 345 million billing wireless customers and around 115 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.