Group 1 - VNET Group Inc. experienced a significant stock price increase, rising by as much as 10.36% during intra-day trading and closing 9.21% higher at $11.38, driven by positive sentiment towards Chinese AI stocks [1][3] - Goldman Sachs predicts continued growth for Chinese stocks in 2026, attributing this to AI growth and supportive policy measures, with expected equity gains being primarily earnings-driven [2] - The MSCI China Index is forecasted to increase by 20% to 100 by year-end, while the CSI 300 index is expected to grow by 12%, reflecting overall market optimism that positively impacts VNET Group [3] Group 2 - VNET Group is a leading data center provider in China, planning to develop a 10 GW green computing capacity in both domestic and international markets over the next few years [3] - The company launched its Hyperscale 2.0 initiative in June last year, focusing on AI data center innovation, with prospective development regions including Inner Mongolia, Hebei, Beijing, and the Yangzi River Region [4]

We recently published Wall Street Can’t Keep up With These 10 Stocks on Fire. VNET Group, Inc. (NASDAQ:VNET) was one of the top performers on Thursday. 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 ...