Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged. The Telecommunications industry currently sits up 8.8% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Telecom Italia SpA ( TI), down 2.6%, and Qualcomm ( QCOM), down 1.1%. Top gainers within the industry include Voltari ( VLTC), up 1539.7%, Nippon Telegraph & Telephone ( NTT), up 0.8%, BCE ( BCE), up 0.7% and NTT DoCoMo ( DCM), up 0.6%. TheStreet would like to highlight 3 stocks pushing the industry lower today: 3. 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 $0.24 (-1.6%) to $14.45 on average volume. Thus far, 180,836 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 481,200 shares. The stock has ranged in price between $14.44-$14.62 after having opened the day at $14.60 as compared to the previous trading day's close of $14.69. China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of cellular, fixed line, and broadband services in China. China Unicom (Hong Kong has a market cap of $34.8 billion and is part of the technology sector. Shares are down 9.8% year to date as of the close of trading on Friday. Currently there are 2 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 find that the company's profit margins have been poor overall. Get the full China Unicom (Hong Kong Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.