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Friday, July 22, 2011, 3:02 PM Wireless Intelligence sees China reaching 1B wireless subscribers by Q2 2012, with a quarter using 3G phones. Still, China's wireless penetration rate will only be 74%, leaving room for carriers China Mobile (CHL), China Unicom (CHU), and China Telecom (CHA) to grow further. MMI, SPRD, AAPL, and QCOM are some tech names poised to benefit. Comment! [Tech, Quick Ideas]
Wednesday, July 20, 2011, 10:39 AM China Mobile (CHL +3.1%) gains on speculation it may offer Apple's (AAPL +2.4%) iPhone as early as September in a market that already saw a large monthly gain in mobile subscribers for June. Total subscriber tally: China Mobile 617M, China Unicom (CHU -1.1%) 182M, China Telecom (CHA -0.5%) 108M. 1 Comment [Global & FX, Tech, On the Move]
Friday, July 15, 2011, 10:53 AM China Unicom (CHU) hopes to profit from China's booming smartphone market by releasing phones using its Linux-based WoPhone platform. This follows plans by Alibaba (ALBCF.PK) and Baidu (BIDU) to develop their own mobile platforms. But given the headway already made in China by the iPhone and Android, these platforms have their work cut out for them. Comment! [Tech]
Thursday, July 7, 2011, 3:30 PM Baidu (BIDU), which previously inked a mobile search deal with China Unicom (CHU) is announcing a 70/30 joint venture with Japanese carrier NTT DoCoMo (DCM) that will create a site for Chinese mobile users. The site will provide a combination of Baidu's search capabilities and Japanese content such as games, animation, and comics. Comment! [Tech]
Friday, June 17, 2011, 9:00 AM Premarket gainers: ZRAN +21%. NCT +18%. HRBN +16%. SPRD +9%. NBG +8%. DANG +6%. YOKU +6%. BBVA +5%. PRMW +6%. CTIC +5%. STD +5%. RENN +4%. TEF +4%. NOK +4%. ING +3%. BJ +3%. DB +3%. ALU +3%. DRYS +3%. BIDU +3%. SNY +3%.
Losers: RIMM -16%. CBLI -15%. MIND -9%. LPL -6%. CHU -4%. WACLY -3%. Comment! [On the Move]
Friday, April 8, 2011, 8:59 AM Shares of China Unicom (CHU), China's only iPhone distributor, rallied 6.5% to a 2.5-year high Friday in Hong Kong after UBS said it believes CHU is best-positioned to take advantage of "explosive 3G growth" in the massive China wireless market. Comment!
Monday, January 31, 2011, 8:02 AM Wireless carrier China Unicom (CHU) reports its 2010 profits dropped by more than half, despite rapid sales growth. Its earnings were offset by subsidies it paid on handsets to attract users, and network maintenance costs. Analysts project it will report net income of $703M for the year. Comment! [Tech]
Tuesday, January 4, 2011, 1:56 PM Skype's (EBAY -0.1%) Chinese partner TOM Group says its joint calling service is perfectly legal, even as the government cracks down on illicit web phone service providers. Certainly, it would hurt Skype's future IPO to be barred from the world's largest internet market. Right now, it's "business as usual," claims TOM. Comment! [Tech]
Friday, December 31, 2010, 9:25 AM Skype (EBAY) says its Chinese service is still running, despite the government's threats to crack down on "illegal" web phone companies. The government hasn't said what action it will take against guilty firms. But this could boost locals like China Mobile (CHL). Comment! [Tech]
Monday, December 13, 2010, 9:10 AM Premarket gainers: DNEX +20%. NSTC +20%. VLNC +9%. PZG +7%. PCBC +7%. LOCM +6%. XRA +5%. APWR +5%. HL +5%. JDSU +5%. PTIE +4%. CCME +5%. CVM +4%. IRE +4%. CHU +4%.
Losers: NKTR -11%. OCZ -7%. ZSL -6%. HBAN -4%. Comment!
Tuesday, November 9, 2010, 2:57 PM Ericsson (ERIC) won a 3-year managed telecom services contract to support 5 Chinese cities in the eastern province of Anhui. This award, from China Unicom (CHU), makes Ericcson the largest managed service partner in the province. Ericcson is up +0.1%. (PR) Comment! [Tech]
Wednesday, April 28, 2010, 9:10 AM Premarket gainers: NBG +10%. TSFG +8%. CIIC +7%. NVAX +8%. BCRX +7%. RFMD +6%. TLAB +6%. ACAS +6%. RNN +6%. YRCW +5%. ABK +5%. PCBC +5%. MPEL +5%. ERIC +5%. UAUA +4%. LCC +4%. DCTH +4%. TMO +4%. CRBC +4%. CMCSA +4%. GT +4%. CHU +4%. SQNM +4%.
Losers: BWLD -19%. RHI -11%. CNXT -10%. FBC -10%. PFCB -4%. 1 Comment
Monday, March 29, 2010, 9:20 AM Ericsson (ERIC) signs deals with China's two largest phone companies: $1B to provide a radio access network and technology to China Mobile (CHL), and $800M to provide a faster, third-generation network to China Unicom (CHU). Comment!
Thursday, March 25, 2010, 8:02 AM In the first real backlash from Google's (GOOG) search showdown with China, China Unicom (CHU) decides to ditch Google's search function on Android phones. "We are willing to work with any company that abides by Chinese law... we don’t have any co-operation with Google currently." Comment!
Wednesday, March 24, 2010, 9:00 AM Premarket gainers: MF +13%. OCNF +10%. NVAX +6%. LEN +6%. SOMX +5%. ADBE +5%. CTIC +5%. S +5%.
Losers: ORRF -10%. JBL -7%. SONC -5%. CX -5%. GENZ -4%. STD -4%. CHU -4%. GFA -4%. Comment!
Tuesday, March 23, 2010, 9:10 AM Beijing appears to be blocking access to Google's (GOOG) unfiltered Hong Kong search site. Other signs of escalation today include China Unicom (CHU) killing an upcoming Android smartphone, while China Mobile (CHL) is expected to back out of a deal that would have put Google search on its home page. (earlier) 2 Comments

CHU China Unicom (Hong Kong) Limited

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China Unicom (Hong Kong) Limited