HU-CUNI@EC2611A

China Unicom Strengthens AI Layout to Drive Business Transformation

China Unicom Releases 2025 Annual Report, Emphasizes 5G-A Deployment and Revenue Growth

China Unicom Launches Brand System and Innovative Products

China Unicom Launches Digital Intelligence Employee Platform UniClaw

BOC International Cuts Profit Forecast for China Unicom But Maintains Buy Rating

China Unicom Upgrades FTTR with AI Technology for Broadband Transformation

China Unicom Invests in Building Guangdong-Hong Kong-Macao Greater Bay Area (Pazhou) Security Industry Park Project

HSI Hits New High Since March, Sunny Optical Stock Dips

China Unicom reports Q1 net profit of 2.137 billion yuan, down 18% year-over-year

China Unicom Announces First Quarter 2023 User Growth Data

China Unicom Hong Kong reports Q1 net profit of 4.89 billion yuan

China Unicom reports Q1 2026 revenue and profit decline but growth in computing and security business

China Unicom Announces 2026 First Quarter Results

CHINA UNICOM released FY2026 Q1 earnings on April 21 During-Market BJT, actual revenue HKD 116.58 B, actual EPS HKD 0

China Unicom to Release FY2026 Q1 Earnings on April 21 During-Market (BJT)

Jefferies Analyst Maintains Buy Rating for China Unicom (Hong Kong)

China Unicom and Huawei Release Mobile AI White Paper, Elevate AI×Wide Uplink to Network Construction Core

China Unicom Pushes Strategy Transformation towards Agent Internet

Morningstar Downgrades China Unicom's Fair Value Estimate and Maintains 'No Economic Moat' Rating

China Unicom (Hong Kong) Q4 2025 Earnings Show Slight Profit Increase

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HINSANG GROUP

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YAN TAT GROUP

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Edison Lee from Jefferies has maintained a Buy rating on China Unicom (Hong Kong) (0762) with a price target of HK$8.49. Lee, a 5-star analyst, has an average return of 26.8% and a success rate of 58.72%. The overall analyst consensus for China Unicom is a Strong Buy, with an average price target of HK$8.95.

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China Unicom (Hong Kong) (0762) Gets a Buy from Jefferies

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In 1Q26, China's telecom service revenue fell by 1.8% year-on-year to RMB439.4 billion, according to the Ministry of Industry and Information Technology (MIIT). However, the total telecom business volume rose by 8.3% year-on-year when adjusted for constant prices. By the end of March, the total number of mobile subscribers reached 1.836 billion, with 5G subscribers accounting for 1.254 billion, representing 68.3% of the total and a net increase of 49.53 million from the previous year.

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CHINA TELECOM

CHINA MOBILE

China Mobile

China Southern CSI Communication Service ETF

ChinaAMC CSI 5G Communication ETF

Harvest CNI Communication ETF

MIIT: 1Q26 Telecom Service Revenue Down 1.8% YoY; Total Telecom Business Volume Up 8.3% YoY

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The Ministry of Industry and Information Technology released data showing that as of the end of March, the total number of 5G base stations reached 4.958 million, a net increase of 120,000 compared to year-end, accounting for 38.2% of the total mobile base stations, with the proportion rising by 0.6 percentage points from year-end

Wallstreetcn

Yinhua CSI 5G Communication Theme ETF

CSOP CSI 5G

MIIT: Total Number of 5G Base Stations Reached 4.958 Million by End of March, Net Increase of 120,000 from Year-End

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China Unicom A-Share: First quarter net profit of 2.137 billion yuan, down 18% year-on-year. Risk Warning and Disclaimer The market involves risks; invest with caution. This article does not constitute personal investment advice and has not considered the specific investment objectives, financial status, or needs of individual users. Users should consider whether any opinions, viewpoints, or conclusions in this article align with their specific circumstances. Investments made based on this content are at the user's own risk

Guotai CSI All Share Communications Equipment ETF

China Unicom A-Share: First Quarter net profit of 2.137 billion yuan, down 18% year-on-year

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The State Council issued opinions on promoting capacity expansion and quality improvement in the service sector, emphasizing the deep implementation of large-scale 5G applications, advancing 5G-A network development, and strengthening 6G technology research. It also mentioned appropriately ahead-of-schedule construction of mobile IoT and the development of satellite internet application services

State Council: Strengthen R&D of Sixth-Generation Mobile Communication (6G), Advance Mobile IoT Construction

Recently, the Shaanxi Provincial Communications Administration published an administrative penalty information notice, stating that China United Network Communications Group Co., Ltd. Baoji City Branch (hereinafter referred to as 'China Unicom Shaanxi Baoji Branch') was fined 30,000 yuan

China Unicom Baoji Branch Fined 30,000 Yuan for Failure to Standardize, Manage, Supervise, and Handle Partner SMS Content

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Morgan Stanley

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CN Mobile HK SDR 5to1

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Morgan Stanley's investment ratings and target prices for Chinese telecommunications companies (Table)

Morgan Stanley released its performance forecast for Chinese telecommunications stocks for the first quarter of 2023, expecting China Mobile's net profit to be CNY 28.079 billion, a year-on-year decrease of 8.3%; China Unicom's net profit to be CNY 5.055 billion, a decrease of 14.7%; China Telecom's net profit to be CNY 7.33 billion, a decrease of 17.3%; and China Tower's net profit to be CNY 3.926 billion, an increase of 29.8%. In terms of revenue, China Mobile is expected to generate CNY 260.859 billion, a decrease of 1.1%; China Unicom CNY 103.354 billion, flat; China Telecom CNY 134.143 billion, a decrease of 1.0%; and China Tower CNY 25.137 billion, an increase of 1.5%

CHINA TOWER

Chagee

Morgan Stanley lists the first quarter performance forecasts for Chinese telecommunications stocks (Table)

Morgan Stanley lowered the target price for Chinese telecom stocks by 6% to 13%, expecting service revenue to decline by 1.4% in 2026. China Telecom and China Unicom's net profit is expected to decline by 10% to 12%, while China Mobile is expected to decline by about 5%. At the same time, a dividend yield of 5% to 6% is expected to support the stock price. The target prices for China Mobile, China Unicom, and China Telecom have been lowered, maintaining a "market perform" rating. Revenue forecasts for 2026 to 2027 have been revised down by 1% to 1.2%, and operating profit forecasts have been revised down by 9.6% and 8.1%

Morgan Stanley lowers target prices for the three major Chinese telecom stocks by 6% to 13%, expecting dividend returns of 5 to 6 cents to support stock prices

HU-CUNI@EC2611A(28172.HK)