China Unicom Hong Kong Shares Slide After Half-Year Profit Shortfall and Dividend Omission
China Unicom Hong Kong shares declined 8.6% to HK$5.73 after the company reported a substantial year-over-year drop in half-year profits and said it will not pay an interim dividend. Net profit attributable to the parent fell about 34.8% to RMB 4.1 billion, while total profit decreased roughly 36.6% to RMB 11.2 billion. Core business revenue was RM…