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Stock impact report

VNET Group (VNET) Soars 10.8% as Goldman Sachs Bullish on Chinese Stocks [Yahoo! Finance]

VNET Group, Inc. - American Depositary Shares (VNET) 
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.21vianet.com
Company Research Source: Yahoo! Finance
VNET Group rallied for a second day on Thursday, jumping 10.85 percent to close at $10.32 as investors gobbled up shares in Chinese AI companies, supported by an investment firm's continued bullish outlook for the industry. VNET Group, Inc. (NASDAQ:VNET) rallied alongside its US-listed Chinese counterparts namely Alibaba Group, GDS Holdings, PDD Holdings Inc., and JD.com, among others, after Goldman Sachs said that it believes 2026 would be another year of growth for Chinese stock benchmarks, with earnings supported by AI growth and policy measures. Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels “Our expected equity gains in 2026 are almost entirely earnings-driven,” the investment firm said, noting that profit growth will be supported by AI, “Going Global,” and anti-involution policy. The MSCI China Index alone is forecast to jump by 20 percent to 100 by the end of the year, while the CSI 300 index is expected to grow by 12 percent. Show less Read more
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