China Unicom (Hong Kong) Ltd

00762: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$48.70	Bbczs	Glzdzxnr

China Unicom Provides Solid Growth and Inexpensive Valuation

Dan Baker

Mar 20, 2024

Business Strategy and Outlook

China Unicom is one of two original fixed-line telephone companies in China, each with its own traditional territory. It is also the third-largest wireless operator in the country, which had 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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