China Unicom shares rise on broker upgrade
HONG KONG (MarketWatch) — China Unicom Hong Kong Ltd. shares were higher in Hong Kong on Monday, with Credit Suisse helping to refocus interest in the stock after lifting its share-price target for China’s official iPhone operator to 18.50 Hong Kong dollars ($2.83) from HK$15.20. Credit Suisse said the cellular operator is the best positioned among China’s three mobile-phone majors to benefit …
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