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China Unicom Renews Key Service Agreements with Unicom Group

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China Unicom Renews Key Service Agreements with Unicom Group

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China Unicom (Hong Kong) ( (HK:0762) ) just unveiled an announcement.

China Unicom (Hong Kong) Limited has announced the renewal of its Comprehensive Services Agreement and Financial Services Agreement with Unicom Group for the period of 2026-2028. These agreements, which cover a range of services including telecommunications and financial services, are expected to enhance operational synergy and are deemed to be in the best interest of the company and its shareholders. The transactions are subject to certain reporting and review requirements under the Listing Rules but are exempt from independent shareholders’ approval due to their size.

The most recent analyst rating on (HK:0762) stock is a Buy with a HK$12.10 price target. To see the full list of analyst forecasts on China Unicom (Hong Kong) stock, see the HK:0762 Stock Forecast page.

More about China Unicom (Hong Kong)

China Unicom (Hong Kong) Limited operates in the telecommunications industry, providing a range of services including telecommunications resources, property leasing, value-added services, and IT services. The company is a significant player in the market, with a focus on comprehensive and financial services agreements with its parent company, Unicom Group.

Average Trading Volume: 41,487,607

Current Market Cap: HK$301.4B

See more insights into 0762 stock on TipRanks’ Stock Analysis page.

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