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10/10/13 - $216.00
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03/18/14 - $157.00
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china unicom hong kong-adr (CHUN) Details

China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, broadband and other Internet-related, information communications technology, and business and data communications services in China. It also offers GSM cellular voice, WCDMA cellular voice, and related value-added services, as well as survey, design, and contract services related to information and construction projects in the telecommunications industry. In addition, the company provides telecommunications network construction, planning, and technical consulting; manufacturing, research, and design services for SIM/USIM cards and other telecommunications cards; property management; e-payment; advertising design, production, agency, and publication; magazine publishing; telecommunications network leasing; project consultation and management; and technology development, transfer, and consulting services, as well as sells handsets and telecommunications equipment. As of January 31, 2014, it served 437 million mobile, local telephone, and broadband subscribers in 31 provinces, municipalities, and autonomous regions in China. The company has a strategic agreement with VisionChina Media Inc. and strategic partnership with Wasu Media Holding Co., Ltd. China Unicom (Hong Kong) Limited was founded in 2000. The company is based in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Unicom (Hong Kong) Limited is a subsidiary of China United Network Communications Group Company Limited.

222,530 Employees
Last Reported Date: 03/11/14
Founded in 2000

china unicom hong kong-adr (CHUN) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: CNY998.0K
President and Executive Director
Total Annual Compensation: CNY991.0K
Chief Financial Officer and Executive Directo...
Total Annual Compensation: CNY875.0K
Senior Vice President and Executive Director
Total Annual Compensation: CNY875.0K
Compensation as of Fiscal Year 2013.

china unicom hong kong-adr (CHUN) Key Developments

China Unicom (Hong Kong) Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

China Unicom (Hong Kong) Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the period, the company reported revenue of RMB 76,471 million against RMB 70,600 million a year ago. Profit before income tax was RMB 4,392 million against RMB 2,528 million a year ago. Profit attributable to equity shareholders of the company was RMB 3,302 million or RMB 0.14 diluted per share against RMB 1,899 million or RMB 0.08 diluted per share a year ago. Net cash inflow from operating activities was RMB 18,202 million against RMB 16,836 million a year ago. EBITDA was RMB 24.00 billion for the first quarter of 2014, up by 18.7% as compared to the same period of last year. Net cash inflow from operating activities was RMB 18,202 million against RMB 16,836 million a year ago.

China Unicom (Hong Kong) Limited Declares Final Dividend for the Year Ended December 31, 2013

The shareholders of China Unicom (Hong Kong) Limited at the annual general meeting held on April 16, 2014, approved a final dividend of RMB 0.16 (equivalent to HKD 0.20162) per share (pre-tax) for the year ended December 31, 2013.

China Unicom (Hong Kong) Limited Enters into the Subscription Agreement to Offer and Issue RMB 4,000,000,000

China Unicom (Hong Kong) Limited announced that on 10 April 2014, the company and the Joint Lead Managers entered into the Subscription Agreement to offer and issue RMB 4,000,000,000 in aggregate nominal amount of Drawdown Notes on 16 April 2014 outside the United States in offshore transactions to non-U.S. persons in reliance on Regulation S under the U.S. Securities Act. Maturity date is 16 April 2017. Coupon rate is 4.00% per annum. The Company intends to use the net proceeds of the Drawdown Notes for the Company's working capital and general corporate purposes.


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