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21Vianet Group, Inc. Sponsored ADR Class A Stock News
I continue to assign a "Buy" rating to VNET Group after assessing recent disclosures from the company and its client. VNET has secured a new win in Q3 2025, after suffering from an "order drought" in the preceding Q2. Alibaba is ramping up its cloud-related investments for the medium and long term, which should boost VNET's future results.
VNET Group is poised for strong growth, driven by accelerating AI-related demand and robust order momentum from hyperscaler clients. Nearly all new wholesale orders for VNET are AI-focused, highlighting its expertise in high-density deployments and strong relationships with major tech players. Favorable market dynamics, disciplined capital recycling via REIT monetization, and solid execution de...
BEIJING , Sept. 11, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that the Company has secured a 40MW wholesale order from a leading internet company for its new Gu'an IDC Campus, strategically located in the Greater Beijing Area.
HONG KONG, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Shandong Hi-Speed Holdings Group Ltd. (00412.HK) delivered a stunning half year performance with net profit surging 506 percent to RMB 476 million, according to its H1 2025 Financial Report released on August 29. The company's strategic pivot to renewable energy and computing power paid off handsomely, as business in these two emerging sectors drove...
A fresh, post-earnings price target raise helped propel Chinese data center operator Vnet (VNET 12.94%) to a double-digit gain on the stock market Friday. The company's American Depositary Shares (ADS) leaped nearly 14% higher on the move, crushing the 1.5% advance of the bellwether S&P 500 index.
VNET Group, Inc. (NASDAQ:VNET ) Q2 2025 Earnings Conference Call August 21, 2025 8:00 AM ET Company Participants Ju Ma - Rotating President & GM of AIDC Strategic Business Group Qiyu Wang - Chief Financial Officer Xinyuan Liu - Head of Director of Investor Conference Call Participants Andy Yu - DBS Bank Ltd., Research Division Edison Lee - Jefferies LLC, Research Division Huiqun Li - BofA Secur...
BEIJING , Aug. 21, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. "We delivered strong second quarter results thanks to continued effective strategic execution," said Josh Sheng Chen, Fo...
BEIJING , Aug. 7, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited second quarter 2025 financial results on Thursday, August 21, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call...
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