China Unicom Voted Asia's Most Honored Telecom Company

HONG KONG, Aug. 7, 2016 /PRNewswire/ -- China Unicom (Hong Kong) Limited ("China Unicom" or "the Company") (HKEx: 0762; NYSE: CHU) was voted by institutional investors as "Asia's No.1 Most Honored Telecom Company" in "2016 All-Asia Executive Team" ranking organised by the authoritative financial magazine, Institutional Investor.

Meanwhile, Mr. Wang Xiaochu, Chairman and CEO of the Company was named as "Asia's Best CEO (Telecoms) -- 1st", Mr. Li Fushen, Executive Director and CFO of the Company was named as "Asia's Best CFO (Telecoms) -- 2nd".

Additionally, China Unicom also swept a number of other top awards in the survey, including the following:

• Asia's No. 1 Most Honored Telecom Company
• Asia's Best CEO (Telecoms) -- 1st
• Asia's Best CFO (Telecoms) -- 2nd
• Asia's Best Investor Relations Company (Telecoms) -- 2nd
• Asia's Best Website (Telecoms) -- 2nd

"The All-Asia Executive Team" ranking, organised for the sixth consecutive year to recognise top Asia (ex-Japan) region's companies and executives, reflects the opinions of 1,394 investment professionals at 582 financial institutions.

Respondents are from financial institutions that collectively manage an estimated US$963 billion in Asia (ex-Japan) equities. Institutional Investor asks investors and analysts to name the best CEOs, CFOs and investor relations professionals at the Asian (ex-Japan) companies they cover, and to evaluate these businesses on several corporate governance attributes.

The excellent recognitions mark the endorsement by professional investors and investment analysts who appreciate China Unicom's continuous enhancement in strategy execution and leading standard in management performance and corporate governance in Asia, underscored by the strategic guidance of "implementing Focus Strategies, fostering innovation and cooperation." China Unicom would like to sincerely thank its investors and the investment community for their kind support and the great vote of confidence.

SOURCE China Unicom (Hong Kong) Limited