In Hong Kong, China Unicom Ltd. closed at HK$9.05, for a 21 percent jump this week. The company's parent, China United Telecommunications Corp, the country's second-biggest mobile-phone company, jumped 18 percent.
China United said last year's sales surged by almost a third to 67 billion yuan (US$8.1 billion) on Tuesday.
The company, aims to increase this year's profit by 36 percent to 7.2 billion yuan, the 21st Century Business Herald reported Wednesday, citing chairman Wang Jianzhou.
Manila Electric Co led gains in the Philippines on optimism regulators will make a temporary electricity price increase permanent, said Alex Pomento, head of research at CLSA Philippines Inc.
The company's Class B shares, which can be owned by foreigners soared 30 percent this week to 31.50 pesos.
Its Class A stock, which are limited to Filipino ownership, jumped 23 percent.
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