China Unicom parent gets approval to issue A shares in China: report

HONG KONG (AFX-ASIA) - China Unicom Ltd parent China Unicom Telecommunications Corp has secured approval from the relevant regulatory authorities to issue A shares in China, the Oriental Daily cited market sources as saying.	    The sources said the parent company is expected to carry out its A share listing plan by the end of this year.	    The sources said the parent company is likely to enter the A share market through its stake in China Unicom, adding the parent may issue a 10-20 pct stake in China Unicom for the listing.	    Currently, the parent holds a 77 pct stake in China Unicom, the report said. 

Related stock : (NIL)