China Unicom traded at 5.20 this Friday October 23rd, decreasing 0.07 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, China Unicom lost 6.81 percent. Over the last 12 months, its price fell by 44.62 percent. Looking ahead, we forecast China Unicom to be priced at 5.04 by the end of this quarter and at 4.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company's businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services. Its fixed-line businesses include broadband and Internet networks businesses, among others. The Company's subsidiaries include CUCL, China Unicom Global Limited and China Unicom (Europe) Operations Limited.