ZhongTongGuoMai Communication Co logo

603559 - ZhongTongGuoMai Communication Co News Story

n/a 0.0  0.0%

Last Trade -

Market Cap £n/a
Enterprise Value £n/a
Revenue £n/a
Position in Universe th / 0

BUZZ-China United Network drives rally in telcos after robust H1

Thu 16th August, 2018 3:53am
** Shares in China United Network Communications Ltd
 600050.SS  jump as much as 9.94 pct on Thursday, fuelling a
rally in telecommunication firms encouraged by its supercharged
first half earnings
    ** Stock pares gains to 5.71 yuan, up 7.1 pct, by 0226 GMT,
and is set for its best day since April 23
    ** The China-based telecoms operator posts a 231.8 percent
jump in H1 net profit to 2.6 billion yuan ($376.04 million)
    ** Among the 15 analysts that cover China United Network
Communications Ltd, the current average rating on the shares is
"hold"; the breakdown of recommendations is 8 "strong buy" or
"buy", two "hold" and five "sell" or "strong sell". The analyst
mean price target is 6.35 yuan
    ** ZhongTongGuoMai Communication Co Ltd  603559.SS ,
Hangzhou Freely Communication Co Ltd  603602.SS , Shenyu
Communication Technology Inc  300563.SZ  and CIG Shanghai Co Ltd
 603083.SS  all spike by their daily 10 pct limit, with ZTE Corp
 000063.SZ  also up more than 4 pct
    ** China's blue chip CSI300 index  .CSI300  is up 0.45 pct
   ($1 = 6.9142 Chinese yuan)

 ((Reuters Messaging: Cheng.Li.thomsonreuters.com@reuters.net))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.