Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 64 points (0.4%) at 14,866 as of Thursday, April 11, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,100 declining with 140 unchanged. The Telecommunications industry currently sits up 0.1% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include China Telecom ( CHA), down 1.75, Telefonica Brasil S.A ( VIV), down 1.18 and America Movil S.A.B. de C.V ( AMX), down 0.64. Top gainers within the industry include Telecom Italia SpA ( TI), up 5.6%, Telecom Italia SpA ADR ( TI.A), up 3.9%, BT Group ( BT), up 1.5% and Siemens ( SI), up 0.6%. TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today: 5. China Unicom (Hong Kong ( CHU) is one of the companies pushing the Telecommunications industry lower today. As of noon trading, China Unicom (Hong Kong is down $0.23 (-1.8%) to $12.85 on light volume Thus far, 264,595 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 706,000 shares. The stock has ranged in price between $12.81-$12.91 after having opened the day at $12.90 as compared to the previous trading day's close of $13.08. 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 $30.9 billion and is part of the technology sector. The company has a P/E ratio of 46.9, above the S&P 500 P/E ratio of 17.7. Shares are down 19.7% year to date as of the close of trading on Wednesday. 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, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.