VNET Group is trading at $7.01 (+7.59%) after CATL-affiliated buyers completed a previously announced strategic investment on September 21, 2026.

  • Buyers acquired 650,424,192 Class A shares, taking their combined ownership to approximately 38.1%.
  • The transaction reinforces the compute-energy partnership announced with CATL and appears to be the primary catalyst, with broader technology-sector strength providing additional support.