China Unicom (Hong Kong) Ltd

00762: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$94.90	Kscm	Jkhkqfkj

China Unicom Recovering Cash Flow Generation and Margins

Dan Baker

Jan 18, 2023

Business Strategy and Outlook

China Unicom is one of two main fixed-line telephone companies in China, each with its own traditional territory. It is also the third-largest wireless operator in the country, which has generated the majority of its growth until the past few years when industrial internet (internet data centers, ICT consulting services, and cloud services) has started to drive growth.

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