SEHK:762Telecom
Is It Too Late To Consider China Unicom After Its Multi Year Share Price Surge?
If you are wondering whether China Unicom (Hong Kong) still offers good value after a strong multi year run, or if most of the upside is already priced in, this article is for you.
The share price has pulled back recently, down 3.3% over the last week and 12.3% over the last month, but it is still up 19.1% year to date, 34.0% over 1 year, 123.3% over 3 years and 164.2% over 5 years.
That kind of long term outperformance has been underpinned by Beijing's ongoing push for state owned telecoms...