Institutions are racing to secure co‑location near the Shanghai and Shenzhen
exchanges after the Shanghai Stock Exchange completed a switch of market-data
access from LAN to WAN on July 31. The Shenzhen Stock Exchange has not yet
completed the change but is expected to switch market-data access from LAN to
WAN on August 7; some firms say the switch could occur within the week, though
timing remains unconfirmed. Market participants report that surrounding data
centers in both cities are facing tight supply for racks/co‑location, creating
potential capacity constraints for latency‑sensitive trading and market‑data
connectivity.