Trade Tensions Weigh Heavily on 10 Stocks

2. VNET Group Inc. (NASDAQ:VNET)

VNET Group dropped its share prices by 15.09 percent on Monday to close at $9.96 apiece as traders turned sellers amid the ongoing trade tensions globally.

With VNET’s operations largely based in China, the ongoing trade conflicts globally would dampen investor appetite for Chinese stocks among global investors, particularly US-based shareholders.

VNET, one of the leading carriers and cloud-neutral internet data center service providers in China, has been benefiting from China’s artificial intelligence industry over the past few months on expectations that any advancement would bolster its business growth.

Since DeepSeek’s emergence, various Chinese firms, including the biggest ones listed on the US exchange, have kicked off their efforts to integrate DeepSeek into their operations.

Last year, the company also signaled plans to invest heavily in AI, even earmarking a higher capital for this year to support growth.