China Unicom (Hong Kong ( CHU) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.9%. By the end of trading, China Unicom (Hong Kong rose 43 cents (3.2%) to $13.98 on average volume. Throughout the day, 1.2 million shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $13.98-$14.31 after having opened the day at $14.15 as compared to the previous trading day's close of $13.55. Other companies within the Telecommunications industry that increased today were: Internet Gold Golden Lines ( IGLD), up 15.3%, Ikanos Communications ( IKAN), up 7.2%, magicJack VocalTec ( CALL), up 6.5%, and RIT Technologies ( RITT), up 5.8%. 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 $32.1 billion and is part of the technology sector. The company has a P/E ratio of 48.6, above the average telecommunications industry P/E ratio of 41 and above the S&P 500 P/E ratio of 17.7. Shares are down 37.6% year to date as of the close of trading on Friday. 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.