VNET Stock Recent News
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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 96 percent of its RMB 2.503 billion operating income.
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 Securities, Research Division Timothy Zhao - Goldman Sachs Group, Inc., Research Division Xinyi Wang - UBS Investment Bank, Research Division Yue Tang - Morgan Stanley, Research Division Operator Hello, ladies and gentlemen.
VNET Group (VNET) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.06 per share a year ago.
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, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.
VNET Group (VNET) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 at 8:00 AM U.S. Eastern Time on Thursday, August 21, 2025, or 8:00 PM Beijing Time on Thursday, August 21, 2025.
HONG KONG, July 29, 2025 (GLOBE NEWSWIRE) -- Shandong Hi-Speed Holdings Group Ltd. (00412.HK) shares rose to HK$17.26 at closing on Monday, July 28, sending the market cap of the strongly growing company to HK$103.9 billion. SDHG market cap exceeded HK$100 billion for the first time on July 11. The fact that it has since remained steadily above the HK$100 billion mark indicates the market's unequivocal endorsement of SDHG as a leader in Electricity-Computing Integration and AI-ready infrastructure.
I retain my Buy rating on VNET after previewing its second-quarter earnings and assessing major external events. VNET Group stands to benefit from the improved chip supply in China and the success of its peer's REIT listing. The company's Q2 results should impress, considering its recent guidance raise and data center power utilization growth in one of its key markets.