Citi: China Unicom (00762.HK) Q3 results broadly in line with expectations

Citi released a research report stating that China Unicom's (00762.HK) revenue in the third quarter of this year increased by 1% year-on-year to RMB 93.3 billion, broadly in line with the bank's expectation of a 1% rise and the market's expectation of flat performance, but down 5% quarter-on-quarter; the bank maintains its "Buy" rating on China Unicom's H-shares and a target price of HK$7.