China's state-backed data centre companies jump after govt move
30/08/2021 03:20
** Stocks of China's state-backed data centre service
providers surge, outperforming the broader market
** The Chinese city of Tianjin has asked municipally
controlled companies to migrate their data from private-sector
operators to a state-backed cloud system by next year
urn:newsml:reuters.com:*:nL1N2PY0T7
** Shares of state-baked Beijing Topnew Info & Tech Co Ltd
300895.SZ , Inesa Intelligent Tech Inc 600602.SS , MCC Meili
Cloud Computing Industry Investment Co Ltd 000815.SZ ,
Shijiazhuang ChangShan BeiMing Technology Co Ltd 000158.SZ ,
and Shenzhen SDG Information Co Ltd 000070.SZ all rise sharply
(Reporting by Shanghai Newsroom)
((Jason.Xue@thomsonreuters.com))
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