GDS to Hold Annual General Meeting on June 27, 2024
SHANGHAI, June 03, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers
Press Release: GDS to Hold Annual General Meeting on June 27, 2024
GDS to Hold Annual General Meeting on June 27, 2024 SHANGHAI, June 03, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading deve
The GDS Holdings Langfang Computing Power Center Cluster is one of the largest and most mature computing power clusters adjacent to the core city, serving as a solid pillar for the development of the AI industry.
As AI technology rapidly develops, computing infrastructure is playing an increasingly important role. GDS Holdings' Langfang datacenter cluster, located in the Jing-Jin-Ji digital economy "Golden Triangle", covers the Langfang Anci and Xianghe areas, and is closely connected to Beijing's Daxing and Tongzhou areas, enabling a 2-hour commute to downtown Beijing. The cluster occupies a total area of over 600 acres, with an IT capacity of over 800 MW. As of the end of Q1 2024, 11 datacenters have been put into operation, making it one of the largest and most mature computing clusters adjacent to core cities in China. The cluster primarily serves several large domestic internet and technology enterprises, and uses liquid cooling technology as a solution.
Intraday Overview | The three major indices of Hong Kong stocks showed strong performance, with the technical index rising more than 3%; auto stocks led the way, and NIO rose more than 5%
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Institutions: Hold high-dividend assets with peace of mind, and have a more flexible layout of Hong Kong stock core assets
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Changes in Hong Kong stocks | Global Data - SW (09698) rose more than 7% in the first quarter, international revenue increased nearly 6 times, and overseas business is expected to maintain strong growth
The Zhitong Finance App learned that GDS (09698) rose more than 7% in the intraday period. As of press release, it had risen 5.96% to HK$7.82, with a turnover of HK$116.704 million. UBS previously released a research report saying that GDS benefited from strong customer demand. International revenue for the first quarter was 206 million yuan, an increase of 580% year-on-year. Management anticipates that its international business will receive more and larger customer orders over the next 12 months. The bank slightly raised the Group's adjusted EBITDA forecast of 0 to 2% for the 2024-26 fiscal year to reflect the expected better international business performance, with a target price of 11.3
Changes in US stocks 丨Wanguo Data fell more than 1% before the market, Q1 performance fell short of expectations, and Jefferies lowered target prices
Glonghui, May 29 | GDS.US (GDS.US) fell 1.05% to $7.53 before the market. According to Wanguo Data's results, the loss per ADS in the first quarter was 1.96 yuan, which is narrower than the loss of 2.67 yuan in the same period last year. Analysts expected a loss of 1.87 yuan; revenue was 2.63 billion yuan, an increase of 9.1% over the previous year, and analysts expected 2.67 billion yuan. The company reiterated its revenue guidance for the full year 2024 of $11.34 billion to $11.76 billion. After the results, TD Cowan lowered its target price from $29 to $27; Jefferies analyst Edison Le
GDS Holdings Ltd: HSBC cuts target price from $14.5 to $9.8
GDS Holdings Ltd: HSBC cuts target price from $14.5 to $9.8
Express News | GDS Holdings Ltd : HSBC Cuts Target Price to $9.8 From $14.5
GDS Holdings Limited (NASDAQ:GDS) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
It's been a mediocre week for GDS Holdings Limited (NASDAQ:GDS) shareholders, with the stock dropping 19% to US$7.74 in the week since its latest first-quarter results.
The GDS Holdings Limited (NASDAQ:GDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts
It's been a mediocre week for GDS Holdings Limited (NASDAQ:GDS) shareholders, with the stock dropping 19% to US$7.74 in the week since its latest first-quarter results.
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J.P. Morgan Maintains GDS Holdings(GDS.US) With Hold Rating, Raises Target Price to $7.5
J.P. Morgan analyst Gokul Hariharan maintains $GDS Holdings(GDS.US)$ with a hold rating, and adjusts the target price from $7 to $7.5.According to TipRanks data, the analyst has a success rate of 59.5
TD Cowen Maintains GDS Holdings(GDS.US) With Buy Rating
TD Cowen analyst Michael Elias maintains $GDS Holdings(GDS.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 42.5% and a total average return of -7.3% over the past
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Major Bank Ratings | UBS: Raising GDS Target Price to $12.4 to Reiterate “Buy” Rating
Glonghui, May 24 | UBS published a research report showing that GDS's total revenue for the first quarter increased 9.1% year-on-year to 2.63 billion yuan, and adjusted EBITDA increased 4.7% to 1.18 billion yuan, all in line with market expectations and full-year guidelines. During the period, the Group's total expenditure fell 27% year-on-year to $1.6 billion, accounting for 25% of the annual guideline. Of these, China's and international capital expenses were $894 million and $703 million respectively. UBS said that due to strong customer demand, international revenue for the first quarter was 206 million yuan, an increase of 580% year-on-year. Management anticipates that within the next 12 months, its international business will
Universal Data (9698.HK): The first quarter results were broadly in line with expectations, and the scale expanded steadily
The first quarter results were broadly in line with expectations and maintained steady growth, with no change in guidance for the whole year. In the first quarter of 2024, the company achieved revenue of about 2,627 billion yuan (RMB, same below), an increase of 9.1% over the previous year; adjusted EBITDA
GDS Holdings Ltd: J.P. Morgan increases target price from $7 to $7.5
GDS Holdings Ltd: J.P. Morgan increases target price from $7 to $7.5
Express News | GDS Holdings Ltd : JP Morgan Raises Target Price to $7.5 From $7
GDS Holdings (GDS) Receives a Buy From TD Cowen
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