China Unicom (Hong Kong) Ltd (CHU): Today's Featured Telecommunications Loser

China Unicom (Hong Kong ( CHU) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day down 0.7%. By the end of trading, China Unicom (Hong Kong fell 24 cents (-1.4%) to $17.40 on light volume. Throughout the day, 688,590 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $17.25-$17.44 after having opened the day at $17.37 as compared to the previous trading day's close of $17.64. Other company's within the Telecommunications industry that declined today were: Qiao Xing Communication ( QXM), down 29.4%, Ubiquiti Networks ( UBNT), down 17.4%, Plantronics ( PLT), down 11.9%, and Vonage Holdings Corporation ( VG), down 7.3%.

China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of GSM and WCDMA cellular, and related telecommunications services primarily in the People's Republic of China. China Unicom (Hong Kong has a market cap of $40.96 billion and is part of the technology sector. The company has a P/E ratio of 62.1, above the average telecommunications industry P/E ratio of 60.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 16.5% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins.

On the positive front, Calix ( CALX), up 17.4%, Sky-mobi ( MOBI), up 11.7%, Pendrell ( PCO), up 9.8%, and NTS ( NTS), up 9.6%, were all gainers within the telecommunications industry with American Tower ( AMT) being today's featured telecommunications industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).
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