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  • October 20, 2014
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  1. News - China

    China slams US-Japan treaty on Diaoyus

    Posted Dec 03rd 2012, 06:03pm by Agence France-Presse in Beijing China

    ... Agence France-Presse in Beijing China China on Monday branded a US-Japan security treaty “a product of the cold war” after Washington reaffirmed its commitment to Japan in its territorial dispute with China over the Senkaku Islands, known in Chinese as the Diaoyus. The amendment, attached to the National Defence Authorisation Bill, noted that while the United States “takes ...

  2. Business - Companies

    China Unicom profit jumps on 3G subscriptions

    Posted Oct 25th 2012, 06:36pm by Reuters in Hong Kong

    ... Reuters in Hong Kong China Unicom (Hong Kong), the country’s second-biggest mobile phone operator, posted a 27 per cent rise in third-quarter net profit after subscribers on its 3G network ... profit gain posted by bigger rival China Mobile, highlighting the importance of the data business, which is more lucrative than voice services. China Unicom added 3.17 million 3G users ...

  3. Business - China Business - ACQUISITIONS

    Independent advisers back China Unicom's purchase of fixed-line assets

    Posted Nov 30th 2012, 12:00am by BIEN PEREZ

    ... China Unicom (Hong Kong) has moved a step closer to acquiring its parent company's fixed-line infrastructure on the mainland, following the deal's endorsement by the carrier's ... Horizon Telecommunications from state-owned parent China United Network Communications Group. Unicom New Horizon controls the fixed-line network assets that Unicom leases. In a filing ...

  4. Business - Companies

    Unicom network buy: finally some strategy

    Posted Nov 22nd 2012, 11:00am by Doug Young

    ... Doug Young fixed-line networking, telecom No one is writing very much about China Unicom's (0762.HK; NYSE: CHU) newly announced plan to buy fixed-line networking assets from its ... by a broader corporate strategy-- something we haven't seen for quite a while. Unicom has become the ugly step-child of China's telcoms sector over the last two years, as management ...

  5. Business - Companies - ACQUISITIONS

    China Unicom to buy parent's fixed-line network for 12 billion yuan

    Posted Nov 22nd 2012, 12:00am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Unicom to take over fixed-line assets China Unicom (Hong Kong), which operates the country's second-largest wireless network, has agreed to pay 12.17 ... to September was 1.16 billion yuan. The share price of Unicom, which announced the proposed deal after the market closed yesterday, rose 1.2 per cent to HK$11.84. Rival China Telecom, by comparison, ...

  6. Business - Companies - TECHNOLOGY

    Unicom, China Telecom in iPhone race

    Posted Nov 28th 2012, 11:15am by Doug Young

    ... Doug Young China Telecom may beat Unicom in offering the iPhone 5 first in China, though it won't really matter since the product has already been available globally for more than two months. More than two months after Apple (Nasdaq: AAPL) launched its latest iPhone, China Unicom (HK: 0762; NYSE: CHU) and China Telecom (HK: 0728; NYSE: CHA) are locked in a race to see who can ...

  7. Business - Companies - STOCKS

    China Unicom stumbles as profit misses forecast

    Posted Oct 27th 2012, 12:00am by Jeanny Yu

    ... Jeanny Yu and Sophie Yu jeanny.yu@scmp.com Telecom stock sheds 7.6pc amid tough pressure to maintain growth in mainland subscribers China Unicom stumbles as profit misses forecast Shares in China Unicom, the nation's No2 mobile operator, had their biggest drop in value in more than three years yesterday after the company's third-quarter profit missed market estimates. ...

  8. Comment - Blogs

    China Telecom, Unicom rev up IPTV

    Posted Oct 08th 2012, 12:00pm by Doug Young

    ... Doug Young China Telecom and Unicom should see strong growth potential from IPTV services in 2013, though poor execution could limit the product's potential at Unicom. China's two main fixed-line broadband carriers, China Telecom (0728.HK; NYSE: CHA) and China Unicom (0762.HK; NYSE: CHU), are revving up for a big push into the television market, in what looks like ...

  9. Business - Money

    China Unicom fell most in 5 months after Q3 earnings miss forecasts

    Posted Oct 26th 2012, 11:35am by Jeanny Yu

    ... Jeanny Yu China Unicom (0762.HK), the nation’s No.2 mobile operator, posted the biggest intra-day decline in five month on Friday after its third-quarter profit result missed market ... miss”. “The mobile business was slightly weaker than our expectations. We ascribe Unicom’s 3Q net profit miss mainly to an increase in selling and marketing expenses on “back to school” ...

  10. China Unicom bets on cheap smartphones

    Posted Jun 21st 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com Facing a slowdown in subscriber growth, China Unicom is set to slash prices on its cheapest smartphones as it continues to expand its high-speed 3G network ... adding fewer new 3G subscribers last month. Shares in China Unicom, the mainland's second-largest wireless network operator, fell 3.88 per cent to close at HK$10.40 yesterday, their biggest ...




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