VNET Group is trading 7.21% up now at $6.99 after announcing the September 21, 2026 closing of a strategic investment transaction.
- PJ Millennium affiliates acquired 650,424,192 Class A shares, giving the buyers approximately 38.1% ownership.
- Related investor-rights and voting agreements also became effective.
- Broader risk-on sentiment and stronger technology stocks provide additional support; no earnings announcement or separate major company event was identified.