00762 CHINA UNICOM
- 6.160
- +0.130+2.16%
CHINA UNICOM News
Hong Kong stocks movent: China United Network Communications (00762) rose more than 3% in the closing session, and the dividend rate of the operator may increase. The operation cash flow is expected to stabilize in the second half of the year.
China United Network Communications (00762) rose more than 3% in the final trading session, as of the time of writing, up 2.99% to HKD 6.21, with a turnover of HKD 0.125 billion.
Hong Kong stock concept tracking | Ministry of Industry and Information Technology's heavy document release! Which symbols will benefit from the mobile Internet of Things? (Attached concept stocks)
As of the end of July 2024, the number of mobile internet of things terminal users in China reached 2.547 billion households, accounting for 59% of the total number of mobile network terminal connections. The development of mobile internet of things has achieved significant results.
CICC expects the Hang Seng Index to hover between 16800 and 18300 points in September.
Yan Zhaojun, an analyst at CITIC International, believes that the current valuation of Hong Kong stocks is still low, and policy expectations will help repair valuation. The forecasted PE ratio of the Hang Seng Index is expected to recover to 8.3 times, but it is still at a historically low level. Based on factors such as fundamentals, profitability, capital, and valuation, it is expected that the reasonable operating range of the Hang Seng Index in September will be from 16,800 to 18,300 points.
The Ministry of Industry and Information Technology: Accelerate the development of mobile Internet of Things from "Internet of Everything" to "Intelligent Connectivity of Everything".
① The notice is based on the development pace of the mobile internet of things industry and the current status of mobile internet of things applications in various industries, and clarifies the development goal of the mobile internet of things. ② By 2027, based on 4G (including LTE-Cat1, which is the category 1 rate type of 4G network) and 5G (including NB-IoT, narrowband internet of things).
Here's Why China Unicom (Hong Kong) (HKG:762) Has Caught The Eye Of Investors
China United Network Communications (00762.HK) has appointed Haoli Qian as Senior Vice President.
On September 4, Gelonhui announced that Haoliqian was appointed as the Senior Vice President of China United Network Communications, effective from September 4, 2024.
Express News | Appointment of Senior Vice President
Express News | China Unicom Hong Kong - Hao Liqian, Has Been Appointed as a Senior Vice President
CHINA UNICOM: 2024 Interim Report
Hong Kong stock concept tracking | The communication industry ran relatively smoothly in the first half of the year, and the three major telecommunications operators are expected to further increase dividends in the future (with concept stocks)
Telecom business volume is steadily increasing, and revenue from emerging business maintains double-digit growth.
The Fed will join the global central bank interest rate cut in September! The era of low interest rates may be restarted.
This autumn, central banks around the world will start or continue cutting interest rates, putting an end to the era of historically high borrowing costs.
China Unicom's Big Connectivity Subscribers Reach 1.08 Billion in July
China United Network Communications (00762.HK) released its July operational data: the number of 5G package subscribers has accumulated to 0.279 billion households.
On July 2024, China United Network Communications (00762.HK) released its operational data. As of July 2024, the total number of 'Big Connection' users reached 1077.803 million, the total number of 5G package users reached 279.032 million, and the cumulative number of internet of things terminal connections reached 572.774 million.
China Unicom Reports Strong Digital Growth in July 2024
Express News | China Unicom Hong Kong - July Aggregate Number of "Big Connectivity" Subscribers 1,077.803 Mln
Express News | China Unicom Hong Kong - July Aggregate 5G Package Subscribers 279.032 Mln
Express News | China Unicom Hong Kong - July Aggregate Number of Internet-of-Things Terminal Connections 572.774 Mln
Citigroup: Maintains 'buy' rating on China United Network Communications (00762), target price lowered to HKD6.9.
Citigroup has lowered its profit forecast for China United Network Communications (00762) from 2025 to 2026 by 6% to 7%.
Research Reports | Shanxi Securities: China United Network Communications maintained double-digit growth in the first half of the year, maintaining a "buy-A" rating.
Shanxi Securities research report pointed out that China United Network Communications (600050.SH) achieved a total profit of 16.8 billion yuan and a net profit attributed to equity shareholders of 6 billion yuan, with a YoY growth of 10.2% and 10.9% respectively in the first half of the year. The performance maintained a double-digit growth, building a stable operation foundation for the 'three news'. With regard to the business performance outlook in 2024, the company strives to achieve steady revenue growth and double-digit growth in pre-tax profit. The annual capital expenditure will be controlled at around 65 billion yuan, with a YoY decrease of 12%. As for dividends, in 2024H1, the company's dividend per share is 0.2481 yuan, with a YoY growth of 22.2% and a dividend payout ratio of 55%. In the future.
South-to-North Water Diversion invested a net purchase of 0.43 billion yuan in China United Network Communications, while Northbound Capital dumped Meituan and China Construction Bank.
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