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JPMorgan Downgrades 21Vianet (VNET) to Underweight

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21Vianet Group, Inc. Reports Second Quarter 2016 Unaudited Financial Results

August 16, 2016 4:05 PM EDT

BEIJING, Aug. 16, 2016 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier-neutral internet data center services provider in China, today announced its unaudited financial results for the second quarter of 2016. The Company will hold a conference call at 8:00 p.m. Eastern Time on August 16, 2016. Dial-in details are provided at the end of the release.

Second Quarter 2016 Financial Highlights

Net revenues increased to RMB910.8 million (US$137.1 million) from RMB866.8 million in the comparative period in... More