<p>China Unicom (Hong Kong) Ltd. has announced that a new regulation from the Ministry of Finance and the State Taxation Administration of China will adjust the value-added tax (VAT) categories for telecommunications services starting 1 January 2026. The tax categories for mobile data services, SMS and MMS services, and Internet broadband access services provided via fixed-line, mobile networks, satellites, and the Internet will shift from “value-added telecommunications services” to “basic telecommunications services,” resulting in an increase of the applicable VAT rate from 6% to 9%. The company expects this adjustment to impact its revenue and profit and has advised shareholders and investors to exercise caution when dealing in its securities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Unicom (Hong Kong) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260201-12006932), on February 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

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China Unicom Faces Higher VAT Rate After Telecom Service Reclassification