Unicom Leads Mobile Carriers Tumble on 3G Users: China Overnight

China Unicom (Hong Kong) Ltd. led a drop in the nation’s biggest wireless carriers traded in the U.S. after data showed third-generation service users grew in May at the slowest pace in eight months.

The Bloomberg China-US Equity Index of the most-traded Chinese companies in New York fell 0.9 percent, the most since June 1, to 93.20 yesterday in New York. China Unicom, the country’s second-largest operator of wireless networks, dropped the most in four months while China Mobile Ltd., the biggest, declined for the first time in four days. China Telecom Corp., the smallest one among the three, snapped a seven-day rally.