China United Network Communications Group Co., Ltd. China Unicom is the sixth-largest mobile service provider on Earth in terms of subscribers. The company currently provides mobile networks, long-distance, local, data transmission, Internet services, and IP-based telephony.
Shares of China Unicom were listed under a unique group structure. Indirectly, China Unicom (Hong Kong) Limited (Chinese: (Hong Kong) Limited) was listed on the Hong Kong Stock Exchange as a red-chip company, while China United Network Communications Limited (Chinese) was listed on the Shanghai Stock Exchange as an A-share company. China Unicom was the umbrella organization for the group's operating companies (Hong Kong). China Unicom Group Corporation (BVI) Limited is one of the group's subsidiaries that invests in equities but is not listed on any stock exchanges.

The shares of China Unicom represent ownership in China Unicom (Hong Kong) Limited, one of the country’s major state-backed telecommunications companies. Traded on the Hong Kong Stock Exchange under the ticker 0762.HK, the company has over 30 billion shares outstanding. A significant portion of these shares is held by its parent, China United Network Communications, reflecting strong government involvement in its operations. Investors who buy China Unicom shares gain exposure to a business that provides mobile, broadband, fixed-line, and growing cloud services across China. The shares are considered strategically important, given the company’s role in national infrastructure and technology development. While they offer potential through dividends and growth in digital services, investors should also weigh regulatory and political risks tied to state ownership.