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VNET Group

5.91

-0.1200-1.99%

Post-market: 5.910.00000.00%19:22 EDT

Volume:3.62M

Turnover:21.39M

Market Cap:1.59B

PE:-1.00K

High:6.07

Open:6.03

Low:5.85

Close:6.03

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Overview Company News Filings

BRIEF-VNET prices offering of $430 mln convertible senior notes due 2030

Sector Update: Tech

MT Newswires Live

VNET Prices $430 Million Convertible Senior Notes Offering

MT Newswires Live

VNET Prices Offering of US$430 Million Convertible Senior Notes Due 2030

THOMSON REUTERS

BUZZ-Chinese data center co VNET slides on $400 mln convertible offering launch

Morgan Stanley Raises Price Target on VNET Group to $14 From $11.70, Keeps Overweight Rating

MT Newswires Live

China's VNET Group launches $400 million debt raising for data centre investments

VNET Group Plans $400 Million Offering of Convertible Senior Notes

MT Newswires Live

BRIEF-Vnet Announces $400 Million Convertible Senior Notes Offering

VNET Group Inc - Announces $400 Million Convertible Senior Notes Offering

THOMSON REUTERS

VNET Announces Proposed Offering of Convertible Senior Notes

VNET Group Inc expected to post earnings of 15 fen a share - Earnings Preview

VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025

Asian Equities Traded in the US as American Depositary Receipts Surge in Wednesday Trading

MT Newswires Live

Is VNET Group, Inc. (VNET) the Best Performing IT Services Stock to Buy According to Analysts?

Asian Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading

MT Newswires Live

Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading

MT Newswires Live

Stock Track | VNET Group Soars 5.09% in Intraday Trading as Best-Performing Data Center Stock

Is VNET Group, Inc. (VNET) the Best Performing Data Center Stock So Far In 2025?

Stock Track | VNET Group Soars 5.08% in Pre-Market Amidst Market Volatility and Trade Concerns

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VNET Group Inc VNET.O:VNET PRICES OFFERING OF US$430 MILLION CONVERTIBLE SENIOR NOTES DUE 2030Source text: ID:nPnfJS6laFurther company coverage: VNET.O ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUA7JFQRM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1046422090.SGD","BK4531","BK4535","VNET","BK4116","BK4607"],"gpt_icon":0},{"id":"2519396408","title":"Sector Update: Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2519396408","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519396408?lang=en_us&edition=fundamental","pubTime":"2025-03-13 20:48","pubTimestamp":1741870130,"startTime":"0","endTime":"0","summary":"Technology stocks declined premarket Thursday as the Technology Select Sector SPDR Fund  was down 0.4% and the SPDR S&P Semiconductor ETF  was 2.9% lower recently.VNET Group  shares fell by more than 10% after the company said it plans a $400 million offering of convertible senior notes due April 1, 2030.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1046422090.SGD","VNET","BK4531","BK4535","FDN","BK4550","BK4588","XLK","XSD","BK4116","BK4607","BK4585"],"gpt_icon":0},{"id":"2519839642","title":"VNET Prices $430 Million Convertible Senior Notes Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2519839642","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519839642?lang=en_us&edition=fundamental","pubTime":"2025-03-13 20:47","pubTimestamp":1741870032,"startTime":"0","endTime":"0","summary":"VNET Group  said Thursday it priced its $430 million offering of 2.50% convertible senior notes due 2030.The offering is expected to close on or about March 17, subject to the satisfaction of customary closing conditions, the company said.The notes will bear interest at 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025.The company will settle conversions by paying or delivering, as applicable, cash, the American Depositary Shares, each representing six class A ordinary shares, or a combination of the two, subject to certain restrictions.The notes will initially be convertible at a conversion rate of 72.7273 American Depositary Shares per $1,000 of notes, which is equivalent to an initial conversion price of approximately $13.75 per American Depositary Share. The initial conversion rate is subject to adjustment upon the occurrence of certain events.The company said it intends to use the net proceeds from the offering fo","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4531","BK4607","LU1046422090.SGD","VNET","BK4116","BK4535"],"gpt_icon":1},{"id":"2519383502","title":"VNET Prices Offering of US$430 Million Convertible Senior Notes Due 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2519383502","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519383502?lang=en_us&edition=fundamental","pubTime":"2025-03-13 20:18","pubTimestamp":1741868296,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUA7JFQRM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4531","BK4535","BK4116","BK4607","VNET","LU1046422090.SGD"],"gpt_icon":0},{"id":"2519331038","title":"BUZZ-Chinese data center co VNET slides on $400 mln convertible offering launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2519331038","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519331038?lang=en_us&edition=fundamental","pubTime":"2025-03-13 19:52","pubTimestamp":1741866743,"startTime":"0","endTime":"0","summary":"BUZZ-Chinese data center co VNET slides on $400 mln convertible offering launch** U.S.-listed shares of VNET Group VNET.O down 10.3% premarket to $9.87 as co seeks capital raise** Beijing-based firm commenced offering of $400 mln 5-yr convertible bonds ** Co plans to use net offering proceeds to invest in wholesale internet data center projects, working capital and general purposes** Investment giant Blackstone BX.N made a $150 mln investment in VNET  in 2020 via a private placement, and in 2022 bought $250 mln of its CBs** Blackstone is VNET's 2nd largest shareholder with ~10.4 mln shares, or ~4% stake, as of Dec 31, per LSEG data** VNET has ~263.2 mln shares outstanding for $2.9 bln market cap** Goldman Sachs sole bookrunner for the offering** VNET shares ended 2024 at $4.74 and closed a year ago at $1.95","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nL6N3PW0HT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","LU1046422090.SGD","BK4516","BX","LU0061475181.USD","BK4550","LU2750360641.GBP","IE00BGHQF748.EUR","LU2237443895.HKD","LU1868837136.USD","IE0004086264.USD","LU1868836757.USD","LU2237443382.USD","LU2237443622.USD","BK4116","LU1868837300.USD","BK4531","IE00BSNM7G36.USD","LU2237443465.HKD","LU2237438978.USD","BK4552","LU2750360997.AUD","BK4535","IE00B19Z3581.USD","IE00BFXG1179.USD","LU2471134523.USD","VNET","LU2471134879.HKD","LU1668664300.SGD","LU1868836914.USD","IE0004091025.USD","LU2471134952.CNY","LU1868836591.USD","LU0096364046.USD","IE00BLSP4239.USD","LU0106831901.USD","LU2237443549.SGD","BK4504","IE00BBT3K403.USD","LU1791807156.HKD","BK4533","IE0034235188.USD","IE0004445239.USD","IE00B64PRP62.GBP","BK4127","BK4607","IE00BLSP4452.SGD","IE00B19Z3B42.SGD","IE00B3QW5Z07.USD","BK4135"],"gpt_icon":1},{"id":"2519887861","title":"Morgan Stanley Raises Price Target on VNET Group to $14 From $11.70, Keeps Overweight Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2519887861","media":"MT Newswires Live","labels":["rating"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519887861?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:58","pubTimestamp":1741863481,"startTime":"0","endTime":"0","summary":"VNET Group (VNET) has an average rating of buy and mean price target of $16.45, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research from major banks an","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"rating","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["VNET"],"gpt_icon":0},{"id":"2519882111","title":"China's VNET Group launches $400 million debt raising for data centre investments","url":"https://stock-news.laohu8.com/highlight/detail?id=2519882111","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519882111?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:47","pubTimestamp":1741862876,"startTime":"0","endTime":"0","summary":"March 13  - China-based internet data center services provider VNET Group VNET.O on Thursday launched a proposed offering of $400 million in convertible senior notes to fund its data center projects.The capital raise by the Chinese data center specialist marks the latest in a series of fundraising efforts by Chinese technology companies. Firms in the world's second-largest economy continue to tap international markets following a high-level summit led by President Xi Jinping in February, where the nation's top tech leaders gathered.The meeting signaled an easing of the regulatory crackdown, boosting investor confidence and driving a surge in fundraising as Chinese tech firms seek expansion amid improving market conditions.The maturity date for VNET's notes is April 1, 2030, unless they are repurchased, redeemed, or converted before that. VNET plans to use the net proceeds from the offering for capital investment in wholesale internet data center projects. Goldman Sachs is acting as the","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nL4N3PW0Q7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2750360641.GBP","LU2750360997.AUD","IE00BFXG1179.USD","BK4516","LU2237443549.SGD","IE0004086264.USD","LU2471134523.USD","LU2471134879.HKD","LU2237443978.SGD","LU1868836914.USD","BK4504","IE0034235188.USD","VNET","BK4116","LU2237438978.USD","IE00B19Z3B42.SGD","BK4535","LU1668664300.SGD","IE0002270589.USD","LU0106831901.USD","BK4585","IE0004091025.USD","BK4588","LU2237443895.HKD","LU2237443465.HKD","BK4127","BK4550","LU2237443382.USD","BK4533","LU0061475181.USD","LU1868836591.USD","IE00B19Z3581.USD","IE00BSNM7G36.USD","LU1868837136.USD","LU2471134796.USD","BK4607","LU1868837300.USD","BK4531","LU1868836757.USD","BK4552","LU0096364046.USD","LU2237443622.USD","LU1791807156.HKD","LU1046422090.SGD","LU2471134952.CNY"],"gpt_icon":1},{"id":"2519889987","title":"VNET Group Plans $400 Million Offering of Convertible Senior Notes","url":"https://stock-news.laohu8.com/highlight/detail?id=2519889987","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519889987?lang=en_us&edition=fundamental","pubTime":"2025-03-13 18:05","pubTimestamp":1741860354,"startTime":"0","endTime":"0","summary":"VNET Group  said Thursday it plans a $400 million offering of convertible senior notes due April 1, 2030.The company said it intends to use the net proceeds for the capital investment in wholesale internet data center services projects, among other thingsVNET shares were down 8.4% in recent premarket activity.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4607","BK4116","BK4531","LU1046422090.SGD","BK4535","VNET"],"gpt_icon":0},{"id":"2519970009","title":"BRIEF-Vnet Announces $400 Million Convertible Senior Notes Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2519970009","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519970009?lang=en_us&edition=fundamental","pubTime":"2025-03-13 15:49","pubTimestamp":1741852186,"startTime":"0","endTime":"0","summary":"BRIEF-Vnet Announces $400 Million Convertible Senior Notes Offering March 13 (Reuters) - VNET Group Inc VNET.O:VNET ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE SENIOR NOTESVNET GROUP INC - ANNOUNCES $4","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUAB2D2JG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4116","BK4607","BK4531","VNET","BK4535","LU1046422090.SGD"],"gpt_icon":0},{"id":"2519009502","title":"VNET Group Inc - Announces $400 Million Convertible Senior Notes Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2519009502","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519009502?lang=en_us&edition=fundamental","pubTime":"2025-03-13 15:48","pubTimestamp":1741852104,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nTUAB2D2JG:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4116","BK4531","BK4535","BK4607","VNET","LU1046422090.SGD"],"gpt_icon":0},{"id":"2519001988","title":"VNET Announces Proposed Offering of Convertible Senior Notes","url":"https://stock-news.laohu8.com/highlight/detail?id=2519001988","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519001988?lang=en_us&edition=fundamental","pubTime":"2025-03-13 15:48","pubTimestamp":1741852080,"startTime":"0","endTime":"0","summary":"BEIJING, March 13, 2025 /PRNewswire/ -- VNET Group, Inc.  , a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the commencement of a proposed offering by the Company of US$400 million aggregate principal amount of its convertible senior notes due 2030 , subject to market and other conditions .The Notes will be senior, unsecured obligations of the Company, and will accrue interest payable semi-annually in arrears and will mature on April 1, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms prior to such date.The Notes are offered in offshore transactions outside the United States to non-U.S. persons in compliance with Regulation S under the United States Securities Act of 1933, as amended . The Notes, the ADSs deliverable upon conversion of the Notes  and the Class A ordinary shares represented thereby have not been and will not be registered under the Securities Act or any other applicable se","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/vnet-announces-proposed-offering-convertible-074800969.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vnet-announces-proposed-offering-convertible-074800969.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4535","VNET","LU1046422090.SGD","BK4531","BK4607","BK4116"],"gpt_icon":1},{"id":"2518225236","title":"VNET Group Inc  expected to post earnings of 15 fen a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2518225236","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518225236?lang=en_us&edition=fundamental","pubTime":"2025-03-10 20:37","pubTimestamp":1741610234,"startTime":"0","endTime":"0","summary":"VNET Group Inc  expected to post earnings of15fen a share - Earnings Preview VNET Group Inc VNET.OQ VNET.O is expected to show a rise in quarterly revenue when it reports  results on March 25 for the ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250310:nL8N3PT0VJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VNET"],"gpt_icon":1},{"id":"2518269123","title":"VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2518269123","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518269123?lang=en_us&edition=fundamental","pubTime":"2025-03-10 12:30","pubTimestamp":1741581000,"startTime":"0","endTime":"0","summary":"BEIJING, March 10, 2025 /PRNewswire/ -- VNET Group, Inc.  , a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited fourth quarter and full year 2024 financial results on Wednesday, March 12, 2025, before the open of U.S. markets.The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 12, 2025, or 8:00 PM Beijing Time on Wednesday, March 12, 2025.For participants who wish to join the call, please access the links provided below to complete the online registration process.Participants can choose between the English and Chinese options for pre-registration above. Please note that the Chinese option will be in listen-only mode. Upon registration, each participant will receive an email containing details for the conference call, including dial-in numbers, a conference call passcode and a unique access PIN, which will be used to join the conference call.A r","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/vnet-announce-unaudited-fourth-quarter-043000261.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vnet-announce-unaudited-fourth-quarter-043000261.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4531","BK4535","VNET","BK4116","LU1046422090.SGD","BK4607"],"gpt_icon":1},{"id":"2517594639","title":"Asian Equities Traded in the US as American Depositary Receipts Surge in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2517594639","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517594639?lang=en_us&edition=fundamental","pubTime":"2025-03-05 23:38","pubTimestamp":1741189089,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts surged higher Wednesday morning, climbing 2.28% to 2,211.57 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by technology company Xunlei  and internet and data center services provider VNET Group , which climbed 15% and 12%, respectively. They were followed by fintech firm Jiayin Group  and diagnostic imaging centers company Concord Medical Services , which advanced 11% and 9.8%, respectively.The decliners from North Asia were led by polysilicon manufacturer Daqo New Energy  and online education platform 51Talk Online Education Group , which fell 5.8% and 2.5%, respectively. They were followed by mobile app developer Cheetah Mobile  and financial services company CNFinance , which dropped 2.3% and 1%, respectively.From South Asia, the gainers were led by tech conglomerate Sea  and telecommunications operator Telekomunikasi Indonesia , which rose 7.3% and 4%, respectively. They were followed by IT compani","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CCM","BK4509","BK4548","CNF","BK4503","LU0499858602.USD","LU0532188223.SGD","BK4147","LU0210637038.USD","SG9999002406.SGD","BK4523","LU0390135506.SGD","VNET","LU0737861269.HKD","BK4166","LU1770036033.HKD","BK4089","BK4588","BK4566","BK4204","AFG","LU0390135332.USD","LU1242518931.SGD","LU0300738605.USD","SG9999002604.SGD","BK7095","BK4585","LU1242518857.USD","LU0979878070.USD","SG9999013486.USD","XNET","CMCM","BK4551","LU0516422366.SGD","LU0543330566.HKD","BK4115","SG9999002679.SGD","BK4607","TLK","BK4023","CCM.AU","JFIN","BK4554","LU0261945553.USD","SG9999002620.SGD","COE","DQ","SIFY","WIT"],"gpt_icon":1},{"id":"2516587660","title":"Is VNET Group, Inc. (VNET) the Best Performing IT Services Stock to Buy According to Analysts?","url":"https://stock-news.laohu8.com/highlight/detail?id=2516587660","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516587660?lang=en_us&edition=fundamental","pubTime":"2025-03-04 07:32","pubTimestamp":1741044729,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 10 Best Performing IT Services Stocks to Buy According to Analysts.In this article, we are going to take a look at where VNET Group, Inc.  stands against the other IT services stocks.According to research firm Statista, the IT Services industry encompasses a broad range of services and products designed to help organizations manage and optimize their information and business processes. This industry includes managed services, security services, data management, consulting, and cloud computing, all of which play a critical role in today’s digital economy.Why are we interested in the stocks that hedge funds pile into?The reason is simple: our research has sh","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vnet-group-inc-vnet-best-233209341.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MNQmain","LU1121112475.USD","TSYW.SI","LU1732799900.SGD","LU1564329115.USD","NQmain","LU1642822529.SGD","LU2244417387.USD","LU1564329032.USD","SQQQ","PSQ","TQQQ","SGXZ51526630.SGD","LU1119994496.HKD","SG9999014575.USD","LU2286300806.USD","LU0545039389.USD","QLD","VPN","LU1435385759.SGD","USJW.SI","LU1791710582.SGD","SG9999014914.USD","USAW.SI","LU0345774391.USD","LU0097036916.USD","LU0792757196.USD","LU0964807845.USD","VNET","LU2242649171.HKD","IE0034235295.USD","SG9999002224.SGD","SG9999015358.SGD",".IXIC","LU0553294199.USD","LU2506952097.USD","LU0289960550.SGD","LU2720916845.USD","QID","LU2108987350.USD","IE00BK4W5L77.USD","NVIW.SI","LU0708994859.HKD","IE00BQXX3F31.USD","LU0795875169.SGD","LU0175139822.USD","LU1228905540.USD","LU2092937221.SGD"],"gpt_icon":1},{"id":"2516165836","title":"Asian Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2516165836","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516165836?lang=en_us&edition=fundamental","pubTime":"2025-03-03 23:45","pubTimestamp":1741016717,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.68% to 2,194.86 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company Four Seasons Education  and consumer lending firm Eason Technology , which rose 26% and 7.6%, respectively. They were followed by pet-focused platform Boqii  and casino and resort operator Melco Resorts & Entertainment , which climbed 6.7% and 6%, respectively.The decliners from North Asia were led by internet and data center services provider VNET Group  and biotech firm Zai Lab , which fell 21% and 6.5%, respectively. They were followed by electric vehicle maker NIO  and mobile app developer Cheetah Mobile , which lost 4.6% and 4.5% respectively.From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia  and PLDT , which rose 2.7% and 1.5%, respectively. They were followed by IT firm Wipro  and financial services company ICICI Bank , wh","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["AFG","BK4526","BK4089","LU1508157978.USD","NIO.SI","FEDU","LU0531971678.HKD","LU1804176565.USD","BK4548","VNET","ZLAB","MLCO","IE00BYTNYM70.SGD","DXF","LU1868837565.USD","EVS.SI","LU1046422090.SGD","BQ","IBN","LU0143863198.USD","NIO","LU0066902890.USD","LU1805238398.USD","LU0164881194.USD","LU0431992006.USD","TLK","BK4023","PHI","BK4115","BK4607","SIFY","LU1323998911.USD","09866","BK4523","BK4533","BK4099","LU0143863784.USD","CMCM","LU0708995583.HKD","LU0831103253.SGD","WIT","BK4107","LU0181495838.USD","BK4204","BK4200","LU1102505929.USD","LU0287143357.SGD","INFY","BK4117","LU1366334578.USD"],"gpt_icon":1},{"id":"2514384317","title":"Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2514384317","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514384317?lang=en_us&edition=fundamental","pubTime":"2025-02-27 23:47","pubTimestamp":1740671238,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.80% to 2,227.65 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CCM.AU","SG9999004220.SGD","BK4115","LU0516422366.SGD","BK4509","LU0516422440.USD","SG9999002620.SGD","BK4523","BK4551","IBN","RDY.AU","FEDU","LU1805238398.USD","IE00BYTNYM70.SGD","BK4535","AFG","LU2265009873.SGD","TLK","ICLK","LU0528227936.USD","BK4220","CANG","SIFY","INFY","CCM","LU1791710400.SGD","SG9999005177.SGD","RDY","VNET","BK7016","LU1804176565.USD","BK4122","LU0164881194.USD","LU0531971678.HKD","MOGU","HDB","LU1366334578.USD","BK4585","LU0868486357.SGD","LU1046422090.SGD","LU1868837722.USD","SG9999013460.SGD","XNET","LU0348744763.USD","BK4596","SG9999002414.USD","WIT","KRKR","BK4506"],"gpt_icon":1},{"id":"1171578263","title":"Stock Track | VNET Group Soars 5.09% in Intraday Trading as Best-Performing Data Center Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1171578263","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1171578263?lang=en_us&edition=fundamental","pubTime":"2025-02-26 13:37","pubTimestamp":1740548244,"startTime":"0","endTime":"0","summary":"VNET Group, Inc. , a leading pure-play data center provider in China, experienced a remarkable 5.09% surge in its stock price during intraday trading on Wednesday. This rally solidifies VNET's position as the best-performing data center stock so far in 2025, with an impressive year-to-date return of 207.8%.The company's exceptional performance is driven by its strategic focus on expanding AI-focused data center solutions to meet the surging demand from hyperscalers and enterprise customers. As t","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | VNET Group Soars 5.09% in Intraday Trading as Best-Performing Data Center Stock","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["VNET"],"gpt_icon":0},{"id":"2514010603","title":"Is VNET Group, Inc. (VNET) the Best Performing Data Center Stock So Far In 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514010603","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514010603?lang=en_us&edition=fundamental","pubTime":"2025-02-26 02:19","pubTimestamp":1740507562,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 10 Best Performing Data Center Stocks So Far in 2025.In this article, we are going to take a look at where VNET Group, Inc.  stands against the other data center stocks.The rapid expansion of digital technologies and data-intensive applications, including artificial intelligence , cloud computing, and enterprise digital transformation, is driving an unprecedented surge in demand for data centers and related services. In recent years, hyperscalers—large-scale cloud service providers —have been the primary force behind the growing need for AI-ready data centers due to the immense capacity required to support large foundational models.To determine the 10 best-performing data center stocks in 2025, we conducted in-depth research to compile a list of U.S.-listed data center companies. Our process involved analyzing relevant e","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/vnet-group-inc-vnet-best-181922176.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2023250843.SGD","LU0345774391.USD","LU2210150020.SGD","VNET","LU0096362180.USD","LU0444973449.USD","IE00B3S45H60.SGD","LU1066053197.SGD","SG9999014575.USD","USJW.SI","USAW.SI","LU1720051017.SGD","LU2244417387.USD","LU1145028129.USD","LU0080751232.USD","LU1778281490.HKD","SG9999014567.USD","IE00B3SWFQ91.USD",".IXIC","BK4566","SQQQ","LU0724617625.USD","VPN","PSQ","LU0788109477.HKD","LU0256863902.USD","LU0949170426.SGD","LU0353189763.USD","IE00BLSP4452.SGD","QID","QLD","GB00BDT5M118.USD","GB00B4LPDJ14.GBP","TQQQ","MNQmain","NVIW.SI","LU0347712357.USD","BK4538","LU2083900584.USD","TSYW.SI","BCG","NQmain","LU0820561818.USD","BK4543","LU0784384876.USD","LU1868836757.USD","IE0034235303.USD","LU0823421333.USD"],"gpt_icon":1},{"id":"1131668525","title":"Stock Track | VNET Group Soars 5.08% in Pre-Market Amidst Market Volatility and Trade Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1131668525","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1131668525?lang=en_us&edition=fundamental","pubTime":"2025-02-25 22:37","pubTimestamp":1740494221,"startTime":"0","endTime":"0","summary":"VNET Group, a leading Chinese internet and data center services provider, saw its stock soar 5.08% in the pre-market session on Tuesday.The sharp surge in VNET's share price initially came after the company's American Depositary Receipts  traded in the US jumped 5.01% in the 24 hours leading up to Monday's trading session. However, the stock subsequently tumbled 16% in early Monday trading amid a broader selloff in Asian equities due to concerns over economic growth and potential trade 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