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Rating: CHU
Mkt Perform

China Unicom Ltd (NYSE: CHU) upgraded to Mkt Perform by Bernstein

Friday,  Oct 30, 2015  10:25 AM ET by Betsy O'Brien Harrison

Bernstein upgraded China Unicom Ltd (NYSE: CHU) to Mkt Perform.
Previously Bernstein upgraded to China Unicom Ltd (NYSE: CHU) to Underperform on 10/17/2013, when the stock price was $16.45.

China Unicom Limited is engaged in the provision of cellular, paging, long distance, data and internet services in the People's Repulic of China.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.

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