China. Cloud computing stocks rally after reported local regulatory change (Xie Jun, Global Times)

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A view of the cloud computing data center in the Liuwu New Area in Lhasa, capital of Southwest China's Tibet Autonomous Region Photo: Courtesy of Ningsuan Technologies

A view of the cloud computing data center in the Liuwu New Area in Lhasa, capital of Southwest China’s Tibet Autonomous Region Photo: Courtesy of Ningsuan Technologies

Chinese cloud computing shares rallied on Monday, after news reports of North China’s Tianjin Municipality asking local state-owned companies to transfer data from private cloud operators to a state-backed system by next year.

Shares of the cloud computing sector were up 0.93 percent on Monday. Stocks of four companies, including MCC Meili Cloud Computing Industry Investment Co and Inspur Group, surged by the daily limit of 10 percent.

Cloud computing stocks rally after reported local regulatory change – Global Times

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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