|Bid||6.79 x 1800|
|Ask||6.80 x 1100|
|Day's range||6.76 - 6.84|
|52-week range||5.08 - 11.08|
|Beta (5Y monthly)||1.27|
|PE ratio (TTM)||21.28|
|Forward dividend & yield||0.21 (3.01%)|
|Ex-dividend date||29 May 2020|
|1y target est||8.80|
Shares of China Unicom (NYSE: CHU) have soared today, up by 19% as of 12:15 p.m. EDT, after the company reported financial results for the first half of 2020. Revenue in the first half came in at 150.4 billion yuan ($21.7 billion), which was shy of the consensus estimate of 146.8 billion yuan ($21.1 billion). The Chinese telecommunications giant now has 309.5 million mobile subscribers, including 260.7 million 4G subscribers.
Nokia (NOK) secures almost a 10% share of China Unicom's 5G core network. The deal comprises products from Nokia's Cloud Packet Core portfolio, including the Cloud Mobile Gateway.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see China Unicom...