NYSE scraps plan to delist China telecom firms Tuesday, 05 Jan 2021 03:39 PM MYT The reversal comes just four days after the NYSE said it was ending trading in the companies to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military. (Add your “outperform” vote. China Unicom (Hong Kong) has received 281 “outperform” votes. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. This payout ratio is at a healthy, sustainable level, below 75%. After a Post-Earnings Drop, is it Time to Ride PetMed Express? The Wireless communications provider had revenue of $11.23 billion for the quarter. NYSE said it would suspend trading in securities issued by China Mobile, China Telecom and China Unicom by Jan. 11. ), China Unicom (Hong Kong) has received 315 “underperform” votes. This indicates that China Unicom (Hong Kong) will be able to sustain or increase its dividend. The three telcos traded on the NYSE via American depositary receipts (ADRs) which represent only a small fraction of their total value. China Unicom (Hong Kong)'s mailing address is 75TH FLOOR THE CENTER, HONG KONG K3, . Further, it provides customer, project design consultation and management, property management, e-payment, venture capital investment, communications technology development and promotion, auto informatisation, financial, data processing, and tourism and information services; advertising design, production, agency, and publication services; technology development, transfer, and consulting services; and technology promotion service of intelligent transportation system's products. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Receive a free world-class investing education from MarketBeat. In addition, the company offers communications technology training, technical, and Internet information and value-added telecommunications services; telecommunications network construction, planning, and technical consulting services; and consultancy, survey, design, and contract services relating to information and construction projects. Sign-up to receive the latest news and ratings for CHU and its competitors with MarketBeat's FREE daily newsletter. China Unicom (known as Chinese: 中国联合通信有限公司 at that time) was founded as a state-owned enterprise on 18 June 1994 by the Ministry of Railways, the Ministry of Electronics Industry [] and the Ministry of Electric Power Industry []; the establishment was approved by the State Council in December 1993.. IPOs. The NYSE announced on 31 December that it would delist China Mobile, China Telecom and China Unicom as a result. (Add your “underperform” vote.). Hong Kong shares of China Unicom led losses among the three China telecom stocks to be delisted by NYSE at the start of trading in Asia, down as much as 9.4%. In separate filings, China Mobile, China Telecom and China Unicom called for the exchange to reverse the delistings and delay a suspension in trading of their American Depositary Shares (ADS) while a review is conducted. Mr Trump in November, without providing any evidence, accused the companies, China Telecom Corporation Limited, China Mobile Limited, and China Unicom (Hong Kong) … This payout ratio is at a healthy, sustainable level, below 75%. China Mobile, China Telecom et China Unicom Hong Kong ont indiqué avoir pris acte de la décision de NYSE. Export data to Excel for your own analysis. The US Department of Defense kicked off the process earlier in 2020 when it published two lists of companies (here and here, PDFs) that it identified under the National Defense Authorization Act. That came after the three stocks sold off Monday, only to rebound Tuesday when it appeared that the NYSE would be allowing the stocks to remain listed after all. China Mobile, China Unicom and China Telecom said they had not received notification from the NYSE of its delisting decision. The lists include the three telcos as well as Huawei, the telecoms equipment maker, as well as construction, aeropace and nuclear companies. (Reporting by Kanishka Singh and Bhargav Acharya in Bengaluru; Editing by Himani Sarkar) View our full suite of financial calendars and market data tables, all for free. View which stocks have been most impacted by COVID-19. In separate filings Thursday to the Hong Kong Stock Exchange -- where they’re also listed -- China Mobile Ltd., China Unicom Hong Kong Ltd. and China Telecom Corp. said that written requests had been filed with the NYSE and that they’d also asked for trading suspensions to be stayed while the review is … In December Democrat members of the US telecoms regulator, the Federal Communications Commission (FCC), backed moves against China Telecom and Huawei. China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. all rallied more than 7% in Hong Kong trading Tuesday. Learn about financial terms, types of investments, trading strategies and more. MarketBeat's community ratings are surveys of what our community members think about China Unicom (Hong Kong) and other stocks. Based on aggregate information from My MarketBeat watchlists, some companies that other China Unicom (Hong Kong) investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (CGH), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and Air Canada (AC.TO) (AC). The P/E ratio of China Unicom (Hong Kong) is 11.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.12. Please log in to your account or sign up in order to add this asset to your watchlist. China Unicom (Hong Kong) Limited (NYSE:CHU) released its quarterly earnings data on Tuesday, March, 3rd. China Unicom (Hong Kong) Limited is a subsidiary of China Unicom (BVI) Limited. Chinese telecom firms seek review of NYSE delisting decision FILE PHOTO: A man smokes in front of a China Unicom store in Beijing, China August 11, 2020. The P/E ratio of China Unicom (Hong Kong) is 11.38, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 84.97. In separate statements, China Mobile, China Telecom and Unicom said they will continue to monitor developments. Earlier in the year the US Congress tightened the rules for foreign-owned companies, likely ending hopes that Baidu, Weibo and others could be listed in the US. China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, and related value-added services in the People's Republic of China. China Unicom (Hong Kong)'s management team includes the following people: Start Your Risk-Free Trial Subscription Here, 3 Clean Energy Stocks that Could Get Boosted by Biden, Why These 3 ETFs Should be in Your 2021 Portfolio, Mine OK'd in Trump's last days may boost Biden energy plan, Insurers add food to coverage menu as way to improve health, DuPont, Chemours reach agreement over 'forever chemicals', The Latest: Short on bed space, Brazilian state locks down, Buy Kinder Morgan, Inc While It Still Yields 6.75%. Based on earnings estimates, China Unicom (Hong Kong) will have a dividend payout ratio of 20.88% next year. View analyst ratings for China Unicom (Hong Kong) or view MarketBeat's top 5 stock picks. China Mobile shares were down as much as 6.8%, and China Telecom Corp shares dropped 5.8%. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Before we understand the importance of debt, let us look at how much debt China Unicom has. China Mobile, China Unicom and China Telecom said they had not received notification from the NYSE of its delisting decision. There is not enough analysis data for China Unicom (Hong Kong). China Unicom (Hong Kong) Limited (NYSE:CHU) released its quarterly earnings data on Tuesday, March, 3rd. Within moments of President Joe Biden’s inauguration, China Mobile, China Telecom, and China Unicom sent in requests for their shares to be reinstated to the New York Stock Exchange. 7 Electric Vehicle (EV) Stocks That Have Real Juice, 7 Post-Inauguration Stocks to Buy For Under $20, 7 Cryptocurrencies That Are Leading The Market Higher, 7 Stocks to Support Your New Year’s Resolutions, 7 Things You Need To Know About Cryptocurrency, 7 Stocks to Buy As Americans Receive Stimulus Checks, 7 Outdoor Recreation Stocks For Growth And Dividends, 8 EV Stocks To Electrify Your Growth Portfolio, View China Unicom (Hong Kong)'s dividend history, Mobile TeleSystems Public Joint Stock (MBT), Hellenic Telecommunications Organization (HLTOY), Associated British Foods plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (CGH), Receive Analysts' Upgrades and Downgrades Daily. China Unicom (Hong Kong) pays a meaningful dividend of 3.12%, higher than the bottom 25% of all stocks that pay dividends. The New York Stock Exchange (NYSE) said it would delist the shares of China Mobile, China Telecom and China Unicom, as a direct consequence of President Donald Trump’s executive order in November 2020 that identified all three as having connections with the Chinese military. China Mobile, China Telecom and China Unicom all rallied earlier Tuesday, with investors concluding that the NYSE’s reprieve indicated tensions might be easing between Washington and Beijing. Now, it has U-turned its decision based … View China Unicom (Hong Kong)'s earnings history. The official website for China Unicom (Hong Kong) is www.chinaunicom.com.hk. China Unicom (Hong Kong) (NYSE:CHU) Frequently Asked Questions How has China Unicom (Hong Kong)'s stock price been impacted by COVID-19? China Unicom (Hong Kong) has a P/B Ratio of 0.40. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. China Mobile, China Telecom and China Unicom all rallied earlier Tuesday, with investors concluding that the NYSE’s reprieve indicated tensions might be easing between Washington and Beijing. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. The New York Stock Exchange is reconsidering its plan to allow three Chinese telecom giants to remain listed -- in a second U-turn on the rules set by the Trump administration. China Unicom (NYSE:CHU) has underperformed its rivals China Mobile and China Telecom in terms of net subscriber additions over the first half of 2019. Mr Trump in November, without providing any evidence, accused the companies, China Telecom Corporation Limited, China Mobile Limited, and China Unicom (Hong Kong) … This indicates that China Unicom (Hong Kong) will be able to sustain or increase its dividend. View all of CHU's competitors. The FCC in 2019 refused to grant China Mobile a licence to operate telecoms services in the US, and started action against China Telecom, China Unicom and others to withdraw their existing licences. China Unicom (Hong Kong) pays an annual dividend of $0.19 per share and currently has a dividend yield of 3.12%. ET on Monday. 22-25 February 2021 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Unicom (Hong Kong) in the last year. In separate statements, China Mobile, China Telecom and Unicom said they will continue to monitor developments. © American Consumer News, LLC dba MarketBeat® 2010-2021. CubeSmart (NYSE: CUBE) Stock is a Smart Pullback Play, Capstone Turbine (NASDAQ: CPST) Stock a Clean Energy Turbine Play, 3D Printing Stocks Offering Another Dimension of Gains, MicroStrategy (NASDAQ:MSTR) Slips on Troubles in Bitcoin. China’s three largest requested the New York Stock Exchange (NYSE) to consider reversing their delisting, which stemmed from an executive order from former US President Donald Trump who has stepped down. Learn more. Mr. Trump's order seeks to ban trading in securities of companies that the administration says have links to … The NYSE announced on Thursday it will remove U.S.-traded shares of China Telecom, China Mobile and China Unicom from the Big Board to comply with an … Bloomberg - China Mobile Ltd. and China Unicom Hong Kong Ltd. said they requested a review of the New York Stock Exchange’s decision to delist the country’s … China Mobile, China Unicom Seek Reviews of NYSE Delisting - Flipboard Is China Unicom (Hong Kong) a good dividend stock? Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. A high percentage of insider ownership can be a sign of company health. NYSE said it would also halt trading in closed-end funds and in exchange-traded products listed on its NYSE Arca exchange if they hold banned stocks. Looking for new stock ideas? To see all exchange delays and terms of use please see disclaimer. In separate filings Thursday to the Hong Kong Stock Exchange -- where they’re also listed -- China Mobile Ltd., China Unicom Hong Kong Ltd. and China Telecom Corp. said that written requests had been filed with the NYSE and that they’d also asked for trading suspensions to be stayed while the review is undertaken. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. China Mobile, China Telecom and China Unicom all rallied earlier Tuesday, with investors concluding that the NYSE’s reprieve indicated tensions might be easing between Washington and Beijing. NYSE’s U-turn came with scant explanation just four days after the exchange said it would remove shares in China’s three biggest state-owned telecommunications companies to comply with a … The move comes less than three weeks before the Democratic party’s Joe Biden takes over from Trump as US president, though it is unlikely the new administration will reverse the position on China. China Unicom (Hong Kong) Limited (NYSE:DOW) price on Thursday, Jan 07, rose 0.63% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $58.8. Only 0.93% of the stock of China Unicom (Hong Kong) is held by institutions. 77.47% of the stock of China Unicom (Hong Kong) is held by insiders. China Unicom (Hong Kong) does not have a long track record of dividend growth. You can opt out at any time. NYSE ne retirera finalement pas de la cote China Telecom, China Mobile et China Unicom . The New York Stock Exchange will be delisting China Mobile, China Unicom Hong Kong and China Telecom; But the direct impact on the companies’ … Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Some companies that are related to China Unicom (Hong Kong) include Vodafone Group (VOD), Chunghwa Telecom (CHT), TELUS (TU), SK Telecom Co.,Ltd (SKM), Mobile TeleSystems Public Joint Stock (MBT), Hellenic Telecommunications Organization (HLTOY), Millicom International Cellular (MIICF), Millicom International Cellular (TIGO), VEON (VEON), United States Cellular (USM), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), Spok (SPOK) and Pharol, SGPS (PTGCY). China Unicom (Hong Kong)'s stock was trading at $7.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. China Unicom (Hong Kong) … Based on China Unicom… Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The New York Stock Exchange reversed its decision to delist China Mobile, China Telecom, and China Unicom before it becomes effective. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. “OFAC has published and will continue to update a list on its website to aid in the implementation,” it said in the statement. The Wireless communications provider reported $0.10 earnings per share for the quarter. It also provides online video and reading materials; network music; financing leasing services; and data analysis and application services, as well as sells handsets and telecommunication equipment. Virtual, © 2021 Capacity Media is part of the Euromoney Institutional Investor PLC group, Department of Defense kicked off the process, unlikely the new administration will reverse the position on China, US Congress tightened the rules for foreign-owned companies, Google threatens to shut down search engine service in Australia, Vertical Bridge surpasses $6.2m in philanthropic giving, Pop goes Telkom Kenya’s rural coverage as Loon sinks its balloons, DZS acquires optical networking provider Optelian. NYSE to delist China Mobile, China Telecom and China Unicom shares 04 January 2021 | Alan Burkitt-Gray The New York Stock Exchange (NYSE) said it would delist the shares of China Mobile, China Telecom and China Unicom, as a direct consequence of President Donald Trump’s executive order in November 2020 that identified all three as having connections with the Chinese military. The Wireless communications provider can be reached via phone at 852-2121-3220 or via email at [email protected]. China Mobile said the … If it does so, it would mark a second sudden U-turn. China Unicom (Hong Kong)'s stock was trading at $7.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. See what's happening in the market right now with MarketBeat's real-time news feed. On Friday, China Unicom said it would release a statement in due course. The NYSE said on Thursday it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following the U.S. government’s move in … Chinese operators have requested the New York Stock Exchange (NYSE) review its decision to delist their securities. The New York Stock Exchange (NYSE) said it would delist the shares of China Mobile, China Telecom and China Unicom, as a direct consequence of President Donald Trump’s executive order in November 2020 that identified all three as having connections with the Chinese military. The bourse said late Monday it reversed a decision announced just last week to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd after consulting with regulatory authorities in connection with the US Treasury’s Office of Foreign Assets Control. It said it would “take the necessary countermeasures to resolutely safeguard the legitimate rights and interests of Chinese companies”, but did not say what those measures might be. The decision to remove the three incumbent Chinese telecom operators from the stock market was announced after the market was closed on the last trading day of 2020. NYSE said, at the latest, that it would suspend trading in securities issued by China Mobile, China Telecom Corp., and China Unicom Hong Kong Ltd. at 4 a.m. on Jan. 11. In the final weeks before President-elect Joe Biden takes office on Jan. 20, the Trump administration has stepped up its hard-line stance against China. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. China Mobile, China Telecom, China Unicom (Hong Kong) will be suspended from trading between January 7 and January 11, according to the statement by the NYSE. Telecom companies China Unicom Hong Kong, China Mobile and China Telecom Corp said on Thursday (Jan 21) they had requested the New York … Get short term trading ideas from the MarketBeat Idea Engine. History. One share of CHU stock can currently be purchased for approximately $6.03. Do Not Sell My Information. NYSE-listed shares of China Mobile, China Telecom and China Unicom were all down between 3% and 6% in recent trading Wednesday, in the wake of the newest delisting announcement. Shares of China Unicom (NYSE:CHU) plummeted after the New York Stock Exchange said in a statement late Wednesday that it would move forward with delisting the … As of December 31, 2019, it had approximately 254 million 4G subscribers, 83 million fixed-line broadband subscribers, and 54 million fixed-line local access subscribers. Wall Street analysts have given China Unicom (Hong Kong) a "Buy" rating, but there may be better short-term opportunities in the market. China Unicom's Debt. NYSE said, at the latest, that it would suspend trading in securities issued by China Mobile, China Telecom Corp., and China Unicom Hong Kong Ltd. at 4 a.m. on Jan. 11. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. CHU stock was sold by a variety of institutional investors in the last quarter, including Investors Research Corp. Shares of CHU can be purchased through any online brokerage account. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 In the final weeks before President-elect Joe Biden takes office on Jan. 20, the Trump administration has stepped up its hard-line stance against China. China Unicom (Hong Kong)'s stock is owned by a number of retail and institutional investors. China Unicom slipped 1 per cent. The consensus among Wall Street equities research analysts is that investors should "buy" China Unicom (Hong Kong) stock. The South Morning China Post reported, China Mobile, China Telecom and China Unicom … MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. MarketBeat just released five new trading ideas, but China Unicom (Hong Kong) wasn't one of them. China Unicom (Hong Kong) employs 256,385 workers across the globe. The NYSE originally announced on Dec 31, New Year's Eve, that it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd. On Monday, after consulting with regulators in connection with the US Treasury's Office of Foreign Assets Control, it decided instead to keep them listed. Cnooc Ltd., a state … In Hong Kong trading this afternoon, China Unicom was up nearly nine per cent, while China Mobile and China Telecom each rose more than six per cent. Why China Unicom Stock Fell Today The NYSE has changed its tune on delisting the company -- again. In the past three months, China Unicom (Hong Kong) insiders have not sold or bought any company stock. The dividend payout ratio of China Unicom (Hong Kong) is 35.85%. Shares of China Unicom (NYSE:CHU) decreased by 1.83% in the past three months. La Bourse de New York (NYSE) va retirer de sa liste 35 entreprises chinoises, dont les principaux opérateurs de télécommunications : China Mobile, China Telecom, et China Unicom Hong Kong. Vote “Outperform” if you believe CHU will outperform the S&P 500 over the long term. Learn everything you need to know about successful options trading with this three-part video course. The NYSE first announced it would delist China Mobile, China Telecom and China Unicom last week, following a Trump administration executive order. Down 28.5% In 24 Hours, Where Does Ethereum (ETH) Go From Here? Jan 21 (Reuters) - China Unicom Hong Kong Ltd 0762.HK and China Mobile 0941.HK said on Thursday that they have requested the New York Stock Exchange to … The biggest stock exchange in the US is to delist shares of three Chinese telcos in the latest move in the deepening financial battle between the US and China. That came after the three stocks sold off Monday, only to rebound Tuesday when it appeared that the NYSE would be allowing the stocks to remain listed after all. Shares of China Unicom (NYSE:CHU) decreased by 1.83% in the past three months.Before we understand the importance of debt, let us look at how much debt China Unicom has. Want to see which stocks are moving? Get the hottest stocks to trade every day before the market opens 100% … China Unicom (Hong Kong) trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHU.". China’s Ministry of Commerce said the NYSE move abused “national security and state power to crack down on Chinese businesses”. China Mobile was among the first so-called red-chip companies to list in New York in 1997, joined by China Unicom in 2000 and China Telecom in 2002. You may vote once every thirty days. Mainland Chinese shares reversed earlier losses, while the yuan rose around 0.7 per cent against the dollar. Based on earnings estimates, China Unicom (Hong Kong) will have a dividend payout ratio of 20.88% next year. Get daily stock ideas top-performing Wall Street analysts. The Trump administration last November unveiled an executive order barring U.S. investments in Chinese companies that it claims to be owned or controlled by the Chinese military. Top institutional shareholders include Investors Research Corp (0.00%). China Mobile gained 0.3 per cent as of 11:42am in Hong Kong on Thursday, while China Telecom fell 2.2 per cent. View our earnings forecast for China Unicom (Hong Kong). The Wireless communications provider had revenue of $11.23 billion for the quarter. Earnings for China Unicom (Hong Kong) are expected to grow by 40.00% in the coming year, from $0.65 to $0.91 per share. Identify stocks that meet your criteria using seven unique stock screeners. China Unicom (Hong Kong) has received 52.85% “underperform” votes from our community. Since then, CHU stock has decreased by 15.4% and is now trading at $6.03. The NYSE said Wednesday that trading of the U.S.-listed shares of China Mobile Ltd., China Telecom Corp. and China Unicom (Hong Kong) Ltd. would be suspended at 4 a.m. Trump’s order said: “China is increasingly exploiting United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses, which continues to allow the PRC [People’s Republic of China] to directly threaten the United States.”. NYSE-listed shares of China Mobile, China Telecom and China Unicom were all down between 3% and 6% in recent trading Wednesday, in the wake of the newest delisting announcement. The NYSE announced on 31 December that it would delist China Mobile, China Telecom and China Unicom as a result. Additionally, the company offers technology development and consultation, and other services; technology research and development, consultation, and services of TV video and mobile video; internet of things technology, and online data processing and transaction services; and big data, and cloud computation and infrastructure services. NEW YORK, New York - The New York Stock Exchange (NYSE) is to bow to a decree by U.S. President Donald Trump by pressing on with the delisting of 3 Chinese companies involved in the telecommunications sector. The Treasury’s Office of Foreign Assets Control (OFAC) issued guidance Wednesday on its website naming China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. as the companies that must be delisted. The Wireless communications provider reported $0.10 EPS for the quarter. Vote “Underperform” if you believe CHU will underperform the S&P 500 over the long term. Bonne nouvelle pour China Telecom (+8,53%), China Mobile (+9,42%) et China Unicom (+13,55%). China Unicom slipped 1 per cent. It also provides broadband and other Internet-related, information communications technology, and business and data communications services. The three telcos have not so far commented. Picture taken August 11, 2020. This latest twist to the saga comes amid confusion and tension within Washington on China policy. Fundamental company data provided by Morningstar and Zacks Investment Research. (AOF) - Bonne nouvelle pour China Telecom (+8,53%), China Mobile (+9,42%) et China Unicom (+13,55%). China Mobile has asked the New York Stock Exchange to review its decision to delist the company's American depositary shares. China Mobile, the largest of the three, jumped 5.1% in Hong Kong on Tuesday. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The company was incorporated in 2000 and is based in Central, Hong Kong. The New York Stock Exchange has been compelled to delist the stocks of China Mobile, China Telecom and China Unicom. Why it matters: The NYSE said last Thursday it would suspend trading action from Jan. 7 for China Mobile, China Telecom, and China Unicom Hong Kong following a Trump executive order that imposed restrictions on firms the U.S. identified as being affiliated with the Chinese military. Read more: NYSE Just Gave China Inc. One More Reason to Leave: Shuli Ren. View China Unicom (Hong Kong)'s earnings history. View China Unicom (Hong Kong)'s dividend history. The dividend payout ratio of China Unicom (Hong Kong) is 35.85%. The Wireless communications provider earns $1.63 billion in net income (profit) each year or $0.53 on an earnings per share basis. All rights reserved. On June 2, 2008, China Unicom announced its intention to sell its CDMA business and assets to China Telecommunications Corporation (China Telecom Group) for a combined total of 110 billion RMB and to merge the remainder of the company, [non-primary source needed] in a share swap valued at US$56.3 billion (based on Unicom's stock last traded price) on June 2, 2008, with China Netcom. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. Larry J. Merlo has an approval rating of 37% among China Unicom (Hong Kong)'s employees. NEW YORK, New York - The New York Stock Exchange (NYSE) is to bow to a decree by U.S. President Donald Trump by pressing on with the delisting of 3 Chinese companies involved in the telecommunications sector. China Unicom (Hong Kong) is scheduled to release its next quarterly earnings announcement on Monday, March 22nd 2021. 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