Press coverage about China Unicom (Hong Kong) (NYSE:CHU) has trended somewhat positive on Friday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. China Unicom (Hong Kong) earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 47.0033812860951 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

China Unicom (NYSE:CHU) traded up $0.20 during trading hours on Friday, reaching $13.18. 164,649 shares of the company’s stock were exchanged, compared to its average volume of 436,807. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a market capitalization of $40,240.00, a P/E ratio of 65.90 and a beta of 0.84. China Unicom has a 12 month low of $11.98 and a 12 month high of $16.55.

CHU has been the topic of several recent analyst reports. Nomura raised shares of China Unicom (Hong Kong) from a “reduce” rating to a “neutral” rating in a research note on Thursday, October 26th. CLSA raised shares of China Unicom (Hong Kong) from an “underperform” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, Zacks Investment Research raised shares of China Unicom (Hong Kong) from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $16.00.

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About China Unicom (Hong Kong)

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.

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