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A statement released earlier today by Zacks Investment Research about China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) bumps the target price to $15.00

Zacks Investment Research bumped up the target of China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) to $15.00 reporting a potential upside of 0.12%.

Having a price of $13.37, China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) traded -0.35% lower on the day. With the last close down 0.26% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.01% over the same period. CHU has recorded a 50-day average of $14.28 and a two hundred day average of $14.27. Trade Volume was down over the average, with 507,669 shares of CHU changing hands under the typical 540,365

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China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

China Unicom (Hong Kong) Limited (ADR) has a 52 week low of $10.84 and a 52 week high of $16.55 with a P/E ratio of 143.10 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 4 brokers have issued a report on the company. The average stock price target is $15.48 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)

China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company's businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services and wireless Internet access card, as well as new value-added services such as mobile music, mobile television and Wo portal services. Its fixed-line businesses include broadband and Internet networks businesses, among others. The Company's subsidiaries include CUCL, China Unicom Global Limited and China Unicom (Europe) Operations Limited.

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