China Unicom slips most in over three weeks on weak first-quarter results

China Unicom Hong Kong

22/04/2026 04:15

** Shares of China Unicom (Hong Kong) 0762.HK slip 2.4% to HK$7.22, post their biggest intraday pct fall since March 30

** Stock touches its lowest level since April 13, and on course to snap two consecutive session of gains

** The telecommunications services provider says its first-quarter profit attributable down 17.6% y/y to 4.9 billion yuan ($718.21 million), while operating revenue slid 0.5% y/y at 102.8 billion yuan

** Citi, with "buy" rating on the stock, says 1Q26 results missed with revenue below consensus

** YTD, stock down 6.2%, while benchmark Hang Seng Index .HSI up 1.9%

($1 = 6.8225 yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))