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 … 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 Wireless communications provider can be reached via phone at 852-2121-3220 or via email at [email protected]. This payout ratio is at a healthy, sustainable level, below 75%. 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. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. 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. 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. 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. 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. 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. ), China Unicom (Hong Kong) has received 315 “underperform” votes. 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. The New York Stock Exchange announced late Monday it no longer plans to delist three Chinese companies. NYSE said it would suspend trading in securities issued by China Mobile, China Telecom and China Unicom by Jan. 11. Mr. Trump's order seeks to ban trading in securities of companies that the administration says have links to … The consensus among Wall Street equities research analysts is that investors should "buy" China Unicom (Hong Kong) stock. 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. The Wireless communications provider had revenue of $11.23 billion for the quarter. 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. A high percentage of insider ownership can be a sign of company health. 22-25 February 2021 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. Based on China Unicom… Fundamental company data provided by Morningstar and Zacks Investment Research. 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. The three telcos have not so far commented. This latest twist to the saga comes amid confusion and tension within Washington on China policy. China Unicom (Hong Kong)'s stock is owned by a number of retail and institutional investors. Receive a free world-class investing education from MarketBeat. Mainland Chinese shares reversed earlier losses, while the yuan rose around 0.7 per cent against the dollar. 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. In separate statements, China Mobile, China Telecom and Unicom said they will continue to monitor developments. 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 Looking for new stock ideas? 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 Unicom (Hong Kong) has a market capitalization of $18.45 billion and generates $41.25 billion in revenue each year. 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%. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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. The New York Stock Exchange has been compelled to delist the stocks of China Mobile, China Telecom and China Unicom. Vote “Outperform” if you believe CHU will outperform the S&P 500 over the long term. 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 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. The dividend payout ratio of China Unicom (Hong Kong) is 35.85%. Want to see which stocks are moving? 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. 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