On August 19, CHINA UNICOM fell 9.25% in regular trading, trading at HKD 5.62/share, with turnover of HKD 191 million.

The decline was triggered by the company's interim results released on August 18. For the first half, revenue reached RMB 201.4 billion, up just 0.6% year-over-year, while net profit fell sharply to RMB 9.5 billion, down 34.6% YoY. Attributable profit declined to RMB 4.139 billion, down 34.8% YoY. EPS dropped to RMB 0.31 from RMB 0.47 in the prior year period. The board decided not to declare an interim dividend, compared with RMB 0.2841 per share paid a year ago. The company cited VAT adjustments and labor cost timing as factors pressuring profitability, and guided that the full-year profit decline would narrow significantly. Service revenue slipped 0.2% while computing power revenue grew 13% to RMB 41.9 billion, with AI computing investment rising over 80%.

Within the Integrated Telecommunication Services sector, CHINA TELECOM fell 1.93%, CHINA TOWER fell 1.45%, HKT-SS rose 0.57%, PCCW fell 0.28%, and HKBN was flat.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)