VNET
Vnet Group, Inc.
A carrier-neutral data center company in China, Vnet builds and runs the physical facilities where other businesses house their servers, plus cloud and network services. It began in 1999 as AsiaCloud, went public on Nasdaq in 2011 as 21Vianet, and rebranded to Vnet in 2021. A fun quirk: because Chinese law bars foreign firms from running telecom services directly, Vnet is the exclusive operator of Microsoft Azure and Microsoft 365 inside mainland China.
ADRUnderlying: VNETCUSIP: 90138A103TechnologyCN1 holder
VNET Group Inc American Depositary Shares