VNET Group, a leading carrier-neutral data center services provider in China, saw its stock surge 7.22% in pre-market trading on Friday. The rally came after Alibaba Group, a major client of VNET, reported better-than-expected third-quarter revenue driven by strong year-end shopping sales and success in attracting cost-conscious consumers.
As a key data center partner for Alibaba, VNET Group's stock benefited from the positive sentiment surrounding Alibaba's strong performance in its core e-commerce business and growing cloud computing division. Alibaba's cloud services rely heavily on data center infrastructure provided by partners like VNET.
The pre-market surge in VNET Group's shares reflects investor optimism about the company's growth prospects, fueled by the increasing demand for data center services from tech giants like Alibaba. Along with its peer GDS Holdings, which also saw a significant rally, VNET is well-positioned to capitalize on the booming data center market in China.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。