Says half of the top 20 Korean game developers have opted to use its cloud to power existing or planned online games.

Component makers, gadget assembly companies in China face production slowdowns. Microsoft and Google are looking at factories in Vietnam and Thailand.

Bain invested in Beijing-based ChinData last year and merged it with existing portfolio company Bridge Data Centres to form a pan-Asian data center platform.

AirTrunk CEO Robin Khuda will keep a minority stake after the transaction, people with knowledge of the matter said.

The winner by a long margin turns out to be ChinData Group, a little-known unicorn-in-waiting data center provider backed by Bain Capital.

The bank's infrastructure-investing arm is reportedly the preferred bidder, and the deal talks are advanced.

Tenglong Holding Group, aka Tamron, says it’s raised $3.7 billion to build data centers across China.

DCK Investor Edge: It doesn’t pay dividends, but it offers investors a chance to ride the wave of digital transformation rising across China.

Any deal would value the company at more than $1 billion, though precise targets haven’t been set, sources told Bloomberg.

DCK Investor Edge: Hyperscalers continue leasing tens of megawatts of data center capacity in China, driving growth outside urban cores.