China Unicom (CHU): Set to soar?

Filed under: International markets, China, Newsletters, Stocks to Buy

"China Unicom (NYSE: CHU) could be one of the best ways to play China's astounding economic growth," says Brandon Clay in Invest with an Edge. Here's the growth advisor's review.

"With the world's largest population as its market, the mobile phone industry in China is set to soar. This makes China Unicom a compelling play. The firm has 21% market share in China.

"China Unicom's vice president recently said the company is targeting subscriber growth of 20 million to 30 million within a year. To put that into context, Verizon Wireless, the largest mobile phone carrier in the U.S., had 72.1 million subscribers at the end of last year.

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China Unicom (CHU): Set to soar? originally appeared on BloggingStocks on Wed, 01 Jul 2009 14:00:00 EST. Please see our terms for use of feeds.

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