GDS Holdings ADR A

GDS Holdings reported a net profit of $123.1 million in the second quarter of 2026 and revenue rose about 6.5% to $455.1 million. The company forecasts full‑year revenue of $1.87 to $1.92 billion. The stock jumped 12.7% to HK$34.98; analysts at major firms maintain buy ratings and the average price target is well above the current level. The results reflect stronger demand for AI infrastructure in China. » More on de.investing.com

GDS Holdings has successfully completed the IPO of its China REIT on the Shanghai Stock Exchange, with the offering heavily oversubscribed by both institutional and retail investors. The company raised gross proceeds of 2.4 billion RMB and will retain a 20% stake in the REIT, as well as continue to operate the data center assets. Additionally, GDS issued a $450 million convertible bond to strengthen its financial position and support growth in the Chinese data center market. » More on de.investing.com

GDS Holdings has set the price for the IPO of its China REIT on the Shanghai Stock Exchange at 3.00 RMB per share, with the offering oversubscribed by 166 times. The company will raise net proceeds of approximately 2,111 million RMB from the transaction, subscribe to 20% of the shares itself, and continue to operate the data center facilities. Additionally, GDS Holdings has launched a private offering of convertible bonds and a public offering of American Depositary Shares to strengthen its market position and financial flexibility. » More on de.investing.com