China Unicom fell most in 5 months after Q3 earnings miss forecasts

China Unicom (0763.HK), the nation’s No.2 mobile operator, posted the biggest intra-day decline in five month on Friday after its third-quarter profit result missed market estimates.

The stock lost as much as 7 per cent as of 10:45 am to HK$12.8 in Hong Kong trading, the biggest intra-day decline since May 16. The benchmark Hang Seng Index lost 0.63 per cent to 21,672.49 at the same time.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1070222/china-unicom-fell-most-5-months-after-q3-earnings-miss