Bad hit to China Unicom can smoothly spend?

Source: Internet
Author: User
Keywords China Telecom mobile phone full circulation unicom red chip company
Tags .net closing closing price company continued data full circulation gsm mobile phone
Each reporter Hu Yuhui China Unicom (600050, closing price of 6.72 yuan) This "snail" stock recent trend is quite gratifying, from Wednesday to now has been pulling out four straight Yang line, cumulative interval of nearly 7%. For a fully circulated super large-cap stocks, this level of gains has been commendable. However, it is too early to be happy, China Unicom's latest release of operating data last month continued to deteriorate, the number of new GSM mobile phone subscribers to a year low.  In the face of bad, China Unicom shares will not repeat the same mistakes last month? Operating data innovation low yesterday afternoon, Unicom red chips (00762, closing at HK $10.48) released the May operating data. Company G NET user data continues to slump, even set a new low year.  The announcement showed that China Unicom last month, GSM mobile phone users only 682,000 net, this is not only this year Unicom a single month to add the minimum number of G-net users, but also since January 2008 the second lowest number. The vertical comparison of its own, the number of Unicom 682,000 new G net users than the April 1.141 million households fell 40.2%, compared with the same period last year, 1.091 million households year-on-year decline of 37.5%, regardless of which is the worst level this year.  So far, China Unicom has fallen for two consecutive months on the number of new subscribers in mobile phones. In the same period, competitors were relatively stable and even better.  May, China Mobile new mobile phone users 5.118 million households, the chain fell 12.1%, the growth rate slowed to maintain within the normal range of the year, China Telecom, the same index of 2.2 million households, the chain growth of 17.6%, April new mobile phone number of the decline in the situation has been reversed. Based on the market share of mobile phone new users, the pattern of the three major carriers in May is as follows: China Mobile new users market share of 64%, continue to reduce 1.9%; China telecom market share is 27.5%, up 6.3%; China Unicom continues to shrink to 8.5%, Fell 4.4% from April.  In May, Unicom's share of the new user market in mobile phones was less than 1/3 per cent of telecoms. Bad has been basically digested 682,000 households, the year low, telecommunications 1/3 ... In any case, the operation of Unicom in May was very bad. And one months ago, it was bad monthly operating data that allowed China Unicom to fall in volume, leaving the much-anticipated "5.17" market empty.  So how does the market react to the moment when share prices have just picked up? In fact, the industry is not too worried about unicom future.  Days of congenial analysts said that China Unicom operating data is not good as early as expected, so although it will have a certain impact on share prices, but the lethality will not be as big as last month. Closely tracking China Unicom's Securities analyst Huang Wengo, said the current bad has been basically digested, will not have too much negative impact. He said that there are many reasons for the decline in operating data, due to the Spring Festival migrant workers return home, after theFreshman enrollment and other factors, the first quarter is usually the operator's peak season, the two-quarter situation has always been a bit sluggish.  In addition, China Telecom mobile phone new users have included unimpressed users, and 3G business is the current vigorously advance telecommunications, unicom this indicator is all 2G users, its 3G in the limited release stage, not included in the new users. At the present stage, it is of little significance to pay attention to GSM user data.  Huang Wengo to reporters that the focus at this stage should be unicom WCDMA expansion, because this is the most important factor in determining the company's future fundamentals. He pointed out that the recent Unicom share price went well, thanks to the progress of China Unicom WCDMA: First of all, Unicom's introduction of the Apple iphone is more certainty, Merrill Lynch's latest study said the two sides may have reached an exclusive agreement, China Unicom is expected to officially launch the iphone this October At the same time, Unicom's 3G tariff further clear, the current level of the published tariff has been able to allow the market to accept; Most importantly, it has been determined that Guangdong, Hubei provinces, the bulk of the number is likely to advance to mid-July, Huang Wengo pointed out that the market will be able to see the user's
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