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CHINA UNICOM, ZTE Sink 6%+ Amid Notable Downtrend in CN Telecoms
Recommend 19 Positive 22 Negative 14 |
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Today (27th), the HSI surged past the 24,000 psychological mark before retreating amid pressure. Chinese telecom stocks faced hefty selling pressure. CHINA UNICOM (00762.HK) opened higher at $10.16 but gradually fell back afterward. It last traded at $9.33, down 6.89%, on a volume of 160 million shares, involving $1.526 billion. ZTE (00763.HK) also trended downward and sank to a bottom of $31. It last traded at $31.4, down 6.82%, on a volume of 39.2736 million shares, involving $1.275 billion. CHINA TELECOM (00728.HK) and CHINA MOBILE (00941.HK) faded by 3% and 0.5%. They were last at $5.92 and $78.6 respectively. AAStocks Financial News |
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