menu burger
  • Home
  • China
  • North America
  • About
⟩
  • Home
  • China
  • North America
  • About

Contact Us

  • 7 West 36th Street, New York, NY 10018
  • Tel. +1 646 655 0719
    Fax. +1 201 604 5454
  • info@seleritycorp.com
  • twitter
  • linkedin
  • © 2018 Selerity, Inc.
site logo
menu burger

China Unicom

  • China Unicom Expects 168.4% Increase in Net Profit for First Nine Months of 2017 to RMB 1.3 Bln

    October 20, 2017 | 12:02 pm

    Summary: In a statement to the Shanghai Stock Exchange, China Unicom (CHU.NYSE/600050.SS) has said it expects its net profit for the first nine months of 2017 to increase 168.4% to RMB 1.31 billion compared with the same [ … ]

    Read More

    Tags

    600050.SS | China Unicom | CHU.NYSE | Earnings
  • China Unicom Launches Big Data Arm to Facilitate Coordination with Newly-Introduced Internet Giant Investors

    September 26, 2017 | 11:34 am

    Summary: China Unicom (CHU.NYSE) has recently announced the launch of China Unicom Big Data Co., Ltd., as reported by Sohu Tech. In addition, China Unicom has formed a strategic partnership with China’s leading bank-card network operator, China Unionpay, in [ … ]

    Read More

    Tags

    China Unicom | China Unicom Big Data Co. | CHU.NYSE | Mixed-Ownership Reform
  • UPDATE: CSRC to Apply Special Treatment to China Unicom’s Non-Public Shares Issuance

    August 21, 2017 | 11:18 am

    Summary: The China Securities Regulatory Commission (CSRC) has said it will apply special treatment to China Unicom’s (CHU.NYSE) non-public shares issuance, as reported by jrj.com. The China Unicom fund raising has finally been formalized. Why It Matters: The giant Chinese [ … ]

    Read More

    Tags

    China Securities Regulatory Commission | China Unicom | CHU.NYSE | Non-public Offerings | Regulatory
  • China Unicom Plans to Raise RMB 78 Bln and Tencent, Baidu, Alibaba, JD Will Invest

    August 17, 2017 | 11:11 am

    Summary: China Unicom (CHU.NYSE) has recently announced plans to raise RMB 78 billion by issuing new A-shares, as reported by Tencent Finance. Through the fundraising, China Unicom plans to introduce multiple non-state-owned strategic investors. New strategic investors [ … ]

    Read More

    Tags

    0700.HK | Alibaba | BABA.NYSE | Baidu | BIDU.NASDAQ | China Unicom | CHU.NYSE | JD.COM | JD.NASDAQ | Tencent
  • China Unicom Expects 74.3% Increase in Net Profit for 1H 2017 to RMB 778 Mln

    August 14, 2017 | 11:00 am

    Summary: In a statement to the Shanghai Stock Exchange, China Unicom (CHU.NYSE/600050.SS) has said it expects its net profit for the first half of 2017 to increase 74.3% compared with the same period of 2016 to RMB [ … ]

    Read More

    Tags

    600050.SS | China Unicom | CHU.NYSE | Earnings
  • Chinese Telecom Operators to End Domestic Roaming Fees and Domestic Long Distance Call Surcharges, Starting Sep 1

    July 28, 2017 | 11:29 am

    Summary: China’s three major telecom operators, namely, China Mobile (CHL.NYSE), China Telecom (CHA.NYSE) and China Unicom (CHU.NYSE), recently announced that they would end domestic roaming fees and the domestic long-distance call surcharges, effective from September 1, as [ … ]

    Read More

    Tags

    CHA.NYSE | China Mobile | China Telecom | China Unicom | CHL.NYSE | CHU.NYSE | Telecommunications
  • China Unicom Significantly Cuts International Roaming Fees Again

    June 14, 2017 | 11:19 am

    Summary: China Unicom (CHU.NYSE/0762.HK/600050.SS) recently said that the company has been reducing international roaming charges since May 31, as reported by Tencent Finance. In addition to offering more flexible plans, China Unicom plans to reduce voice roaming [ … ]

    Read More

    Tags

    0762.HK | 600050.SS | China Unicom | CHU.NYSE
  • China Unicom Posts 88.3% Increase in Net Profit for Q1 2017

    April 25, 2017 | 10:40 am

    Summary: In a statement to the Shanghai Stock Exchange, China Unicom (CHU.NYSE/600050.SS/0762.HK) has posted a RMB 274.26 million net profit for the first quarter of 2017, up 88.3% from the same period of 2016. Revenue decreased 1.9% [ … ]

    Read More

    Tags

    0762.HK | 600050.SS | China Unicom | CHU.NYSE | Earnings
  • China Unicom to Reportedly Raise RMB 30 Bln in Mixed-Ownership Reform

    April 12, 2017 | 11:18 am

    Summary: Rumors have surfaced in the Chinese market recently concerning the mixed-ownership reform of China Unicom (CHU.NYSE/600050.SS/0762.HK), as reported by Tencent Finance. According to the report, China Unicom will issue new shares to newly-introduced investors to raise [ … ]

    Read More

    Tags

    0762.HK | 600050.SS | China Unicom | CHU.NYSE | Reform
  • China Unicom’s Reform Plan Awaiting Government Approval

    March 7, 2017 | 10:48 am

    Summary: Lu Yimin, the General Manager of China Unicom (600050.SS/0762.HK/CHU.NYSE), has said the company’s reform plan is awaiting government approval, as reported by yicai.com. Why It Matters: The reform plan includes attracting several private companies to become involved in the operations [ … ]

    Read More

    Tags

    0762.HK | 600050.SS | China Unicom | CHU.NYSE | Reform
  • China Unicom Expects 81% Decrease in Net Profit for First Nine Months

    October 19, 2016 | 9:13 am

    Summary: China Unicom (CHU) expects to post a 81% decrease in net profit to RMB 490 million for the first nine months, according to Chinanews.com. For the first nine months of last year, the company posted a [ … ]

    Read More

    Tags

    China Unicom | CHU | Earnings | Telecommunications
  • China Unicom Expects 86% Decrease in Net Profit for 1Q

    April 19, 2016 | 8:13 am

    Summary: China Unicom (CHU) expects to post a 86% decrease in net profit for the first quarter to RMB 146 million, reports Chinanews.com. The company posted a RMB 1.049 billion net profit for the same period in [ … ]

    Read More

    Tags

    China Unicom | CHU | Earnings | Telecommunications
  • China Unicom (CHU) 4G Users Reached 49.42 Mln in January

    February 22, 2016 | 8:47 am

    Summary: China Unicom (CHU) has disclosed that its number of 4G users increased 5.26 million to 49.42 million in January, according to Sina. The total number of wireless service users increased 5.1 million to 257 million. Why [ … ]

    Read More

    Tags

    China Unicom | CHU | Telecommunications
  • China Unicom & China Telecom Reportedly Exchange CEOs; Merger Anticipated

    August 21, 2015 | 8:53 am

    Summary: China Unicom (CHU) and China Telecom (CHA) have reportedly exchanged their Presidents, and the markets are expecting a merger between the two companies, according to Sina. China Telecom’s President, Wang Xiaochu, has denied a merger and [ … ]

    Read More

    Tags

    CHA | China Telecom | China Unicom | CHU | M&A | Telecommunications
  • China Unicom and Telefónica to Form Big Data Joint Venture

    May 7, 2015 | 9:21 am

    Summary: China Unicom (CHU) has reached an agreement with Spanish telecom firm Telefónica (TEF) to form a joint venture (JV) on big data, according to sources cited by 10jqka.com. Initial investment in the JV has totalled RMB [ … ]

    Read More

    Tags

    China Unicom | CHU | Joint Venture | TEF | Telecommunications | Telefónica
  • China Unicom Posts Net Profit of RMB 12.06 Bln in 2014; Increase of 15.8% YoY

    March 4, 2015 | 9:21 am

    Summary: China Unicom (CHU) has posted RMB 12.06 billion in net profit for 2014, up 15.8% compared with 2013. Revenue decreased 3.5% to RMB 384.7 billion. The company also announced a dividend of RMB 0.2 per share. [ … ]

    Read More

    Tags

    0762.HK | 600050.SS | China Unicom | CHU | Earnings | Tel
  • UPDATE: China Unicom Dismisses Another Senior Manager

    December 18, 2014 | 9:27 am

    Summary: China Unicom (CHU) has dismissed Xinhua Zong, the manager of the company’s e-commerce unit, as a result of corruption allegations, according to Sina.com. China Unicom has yet to comment. Why It Matters: On Monday, the company [ … ]

    Read More

    Tags

    China Unicom | CHU | Corruption | Government Investigation | Management Change
  • China Unicom Dismisses Zhijiang Zhang

    December 16, 2014 | 9:35 am

    Summary: China Unicom (CHU) has dismissed Zhijiang Zhang, head of the company’s network construction unit, due to alleged corruption, as reported by yicai.com. China Unicom has yet to comment. Why It Matters: In November, the Chinese government launched [ … ]

    Read More

    Tags

    China Unicom | CHU | Corruption | Government Investigation
  • China to Launch Anti-Corruption Probes into Sinopec, China Unicom, Eleven Others

    November 19, 2014 | 9:46 am

    Summary: The Chinese government plans to launch anti-corruption inspections into 13 institutions, according to government newspaper People’s Daily. The 13 institutions include several large state-owned companies, such as Sinopec (SNP), China Unicom (CHU), as well as ministries [ … ]

    Read More

    Tags

    0386.HK | China Petroleum & Chemical | China Unicom | CHU | Government Investigation | Sinopec | SNP
  • China Unicom Spending RMB 6 Bln to Subsidize 4G Devices in 2015

    November 6, 2014 | 9:24 am

    Summary: China Unicom (CHU) President Xiaobing Chang says that the company plans to spend  RMB 6 billion next year on subsidies for the manufacture and distribution of 4G devices, according to Donews. The company also plans to subsidize 4G [ … ]

    Read More

    Tags

    China Unicom | CHU
  • Apple Receives Licence to Sell iPhone 6 in China

    September 30, 2014 | 9:27 am

    Summary: Apple (AAPL) has received licences from the Ministry of Industry and Information Technology (MIIT) to sell the iPhone 6 in China, according to NetEase The company has yet to set a release date or pricing for [ … ]

    Read More

    Tags

    AAPL | APPLE | CHA | China Mobile | China Telecom | China Unicom | CHL | CHU | New Product | Regulatory
  • Chinese Telecom Firms Will Not Launch Contract iPhones

    September 10, 2014 | 9:40 am

    Summary: China’s three state-owned telecom service providers, China Unicom (CHU), China Telecom (CHA) and China Mobile (CHL), will not provide low cost contract iPhones for consumers, reports Chinanews.com. The companies plan to provide other subsidies, including data [ … ]

    Read More

    Tags

    AAPL | APPLE | CHA | China Mobile | China Telecom | China Unicom | CHL | CHU
  • China Mobile $CHL Plans to Lay Off a Significant Number of Non-Contract Workers

    August 20, 2014 | 9:49 am

    Summary: China Mobile (US: CHL/ HK: 0941) plans to lay off a significant number of non-contract workers, as reported by 21cbh.com. China Mobile’s branches in Shandong, Fujian, and Shanxi provinces will reportedly start the layoffs first. Why It [ … ]

    Read More

    Tags

    China | China Mobile | China Telecom | China Unicom | Company News | Regulatory | US:CHA | US:CHL | US:CHU
  • Chinese Government Requires China Unicom (CHU), China Telecom (CHA) and China Mobile (CHL) to Reduce Marketing Expense

    July 8, 2014 | 1:12 pm

    Summary: The state-owned Assets Supervision and Administration Commission of the State Council (SASAC) requires China’s three state-owned telecom service providers, namely, China Unicom (US: CHU), China Telecom (US: CHA) and China Mobile (US: CHL), to reduce marketing [ … ]

    Read More

    Tags

    China | China Mobile | China Telecom | China Unicom | Regulatory | US:CHA | US:CHL | US:CHU
  • China Unicom (CHU), China Telecom (CHA), China Mobile (CHL) Reportedly to Establish Communication Tower Joint Venture

    July 1, 2014 | 12:15 pm

    Summary: China’s three telecom service providers, namely, China Unicom (US: CHU), China Telecom (US: CHA) and China Mobile (US: CHL), will reportedly establish a communication tower joint venture, as reported by Sina. The joint venture will establish the [ … ]

    Read More

    Tags

    China | China Mobile | China Telecom | China Unicom | US:CHA | US:CHL | US:CHU
  • GOME Group to Start Trial of Communication Resale Business

    May 16, 2014 | 8:22 am

    Summary: Gome Group, the controlling shareholder of GOME Electrical Appliances  (HK: 0493), says the company will start a trial of their communication resale business on May 17. The trial communication resale business will be based on the network of [ … ]

    Read More

    Tags

    China | China Telecom Corporation | China Unicom | Consumer | GOME Electrical Appliances | HK:0493 | Regulatory | US:CHA | US:CHU
  • China Unicom (CHU),China Telecom (CHA),China Mobile (CHL) Talks to Establish Base Station Joint Venture

    May 1, 2014 | 8:58 am

    Summary: China’s telecom service provider China Unicom (US: CHU) says it is talking with China Telecom (US: CHA) and China Mobile (US: CHL) to establish a base station joint venture. China Unicom says the talk is still [ … ]

    Read More

    Tags

    China | China Mobile | China Telecom | China Unicom | US:CHA | US:CHL | US:CHU
  • Home
  • China
  • North America
  • About

Contact Us

  • 7 West 36th Street, New York, NY 10018

  • Tel. +1 646 655 0719
    Fax. +1 201 604 5454
  • info@seleritycorp.com
  • twitter
  • linkedin

© 2018 Selerity, Inc.. All rights reserved. Design and development by Forge and Smith. Powered by the Anvil Framework