VNET Group (VNET) news

Patria Private Equity Trust PLC - Looking ahead, we expect meaningful realisation activity from portfolio in short term

Patria Private Equity Trust PLC (LSE: PPET) has indicated that it anticipates meaningful realisation activity from its portfolio in the short term. As a diversified private equity investment trust, PPET is managed by Patria Capital Partners LLP and seeks to qualify as an investment trust under UK…

Moody's Ratings affirms VNET's B1 corporate family rating; changes outlook to positive

Moody’s Ratings has affirmed VNET’s corporate family rating at B1 and revised its outlook to positive, reflecting improved financial performance and strategic positioning. The rating agency cited enhanced operational efficiency, stronger liquidity, and a more diversified revenue stream as key…

SDHG Very substantial disposal in relation to the sells shares in Vnet Group, - Success flow closing

Shandong Hi-Speed Holdings Group Limited (HK:0412) has announced the completion of the initial 30% disposal of its shares in VNET Group, Inc. as part of a broader strategic disposal process. This transaction, referred to as the “Choice Faith Closing,” marks optimize its asset portfolio . The…

Vnet Group ADRs fall 7.8% after second quarter results

Vnet Group Q2 EPS RMB -0.09

VNET Group, Inc. (NASDAQ:VNET) reported second-quarter earnings per share (EPS) of RMB -0.09, missing analyst estimates of RMB 0.11 profit per share. Despite the earnings shortfall, the company achieved revenue growth of 22.1% year-over-year, reaching RMB 2.43 billion ($339.8 million), which…