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Last $10.02 HKD
Change Today +0.21 / 2.14%
Volume 51.7M
762 On Other Exchanges
Hong Kong
As of 4:01 AM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

china unicom hong kong ltd (762) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/28/15 - $16.00
52 Week Low
09/29/15 - $9.45
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for CHINA UNICOM HONG KONG LTD (762)

china unicom hong kong ltd (762) Details

China Unicom (Hong Kong) Limited, an investment holding company, provides telecommunications services in the People’s Republic of China. The company offers cellular and fixed-line voice and related value-added, broadband and other Internet-related, information communications technology, and business and data communications services. It also provides GSM cellular voice, WCDMA cellular voice, TD-LTE cellular voice, LTE FDD cellular voice, and related value-added services; Internet information services; communications technology training, development, and promotion services; and telecommunications network construction, planning, and technical consulting services. In addition, the company offers consultancy, survey, design, and contract services relating to information and construction projects in the telecommunications industry; technical support, manufacturing, research, and design services for SIM/USIM cards and other telecommunications cards; project consultation and management services; and property management services. Further, it provides e–payment; advertising design, production, agency, and publication; magazine publishing; telecommunications networks leasing; and technology development, transfer, and consulting services, as well as sells handsets and telecommunications equipment. Additionally, the company is involved in venture capital investment business. As of January 31, 2015, it served 450 million mobile, fixed-line broadband, and local access subscribers. The company was founded in 2000 and is based in Central, Hong Kong. China Unicom (Hong Kong) Limited is a subsidiary of China United Network Communications Group Company Limited.

223,180 Employees
Last Reported Date: 09/2/15
Founded in 2000

china unicom hong kong ltd (762) Top Compensated Officers

President and Executive Director
Total Annual Compensation: CNY925.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY814.0K
Senior Vice President and Executive Director
Total Annual Compensation: CNY326.0K
Compensation as of Fiscal Year 2014.

china unicom hong kong ltd (762) Key Developments

Telefonica and China Unicom Sign Agreement for Data Center Capabilities

Telefonica and China Unicom have signed an agreement to share their international data center capabilities. Initially the agreement will focus on three major data centers from each operator with the inclusion of additional facilities over time. The cooperation across the cloud computing service segment will include among others IaaS (Infrastructure as a Service) with virtual servers and multi-cloud solutions. These additional initiatives are designed to further enhance the global capabilities of both companies. Specifically, China Unicom's customers will be able to benefit from Telefonica's three world leading main data centers located in Brazil (Sao Paulo), USA (Miami) and Spain (Alcala de Henares in Madrid). This will be further enhanced as Telefonica commits additional investment towards new infrastructure, facilities and multi-cloud solutions. Conversely, Telefonica will be able to leverage the robust cloud capabilities of China Unicom's data centers located across China in Langfang, Shanghai and Chongqing to enable end-to-end service delivery for its multinational customers. Combining strong service capabilities and comprehensive data center facilities enables both organizations to fully address their respective markets in contrast to a standalone approach. The benefits this delivers include more efficient aggregation, easier sharing of data, opportunities to develop common data platforms and foster global collaboration plus the ability to leverage economies of scale. Importantly, both companies bring many unique attributes to the agreement, creating a win-win combination. China Unicom's customers will now have access to first-rate infrastructure and efficiencies derived from having no new build requirements. China Unicom's data center product is a combination of two types of classic services from its global solutions portfolio which includes secure housing of equipment; computing, storage, network servers operating space; power, HVAC and other core environment support. It also provides international connectivity services including VPN, MPLS and Global LAN. Furthermore, Internet access for customers' servers can be offered as an option to the standard service. Every China Unicom Point of Presence where this combined data center product is available meets strict essential service level requirements including the availability of 'meet me' room services. Similarly if a customer requires a neutral connection point in order to secure local connectivity -including last mile- to reach the office of their final customers in the country where the colocation service is available as well as 'hands and eyes' service for customers' equipment.

Telefónica, China Unicom to Partner in Cloud

Telefónica announced that the company has extended a strategic partnership with China Unicom for the segment of data centers and cloud computing. In June, Telefónica and China Unicom announced a partnership regarding procurement of 4G terminals. The new deal targets multinationals served by both operators, enabling an economy of scale. Under the terms of the partnership, the two carriers will cooperate on Infrastructure-as-a-Service (IaaS), virtual servers and multicloud services. Initially, the agreement is limited to the three main data centers that the two operators run around the world.

China Unicom (Hong Kong) Limited Appoints Wang Xiaochu as Executive Director, Chairman and Chief Executive Officer and Member of Nomination Committee

The board of directors of China Unicom (Hong Kong) Limited announced that Mr. Wang Xiaochu has been appointed as an Executive Director, Chairman and Chief Executive Officer as well as a member of the Nomination Committee of the company with effect from 1 September 2015. Mr. Wang served as Deputy Director General and Director General of the Hangzhou Telecommunications Bureau in Zhejiang province; Director General of the Tianjin Posts and Telecommunications Administration; Chairman and Chief Executive Officer of China Mobile (Hong Kong) Limited; Vice President of China Mobile Communications Corporation; an Executive Director, Chairman and Chief Executive Officer of China Telecom Corporation Limited; President and Chairman of China Telecommunications Corporation; and Chairman and a Non-executive Director of China Communications Services Corporation Limited. He also serves as the Chairman of China United Network Communications Group Company Limited, the ultimate parent company of the Company. Mr. Wang has extensive experience in management and telecommunications industry.


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762 Competitors

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Baidu Inc $148.51 USD +10.98
China Telecom Corp Ltd $3.74 HKD +0.01
China United Network Communications Ltd CNY6.01 CNY 0.00
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Industry Average

Valuation 762 Industry Range
Price/Earnings 16.1x
Price/Sales 0.7x
Price/Book 0.8x
Price/Cash Flow 2.2x
TEV/Sales 0.1x

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