On June 24, GDS Holdings-SW rose 3.72% in regular trading, trading at HK$31.22/share, with turnover of HK$47.63 million. The stock continued its rebound following a sharp 6.84% decline on June 22.
On the policy front, China is deploying the construction of \"six national networks,\" with the \"computing power network\" designated as a key pillar. GDS recently signed a strategic cooperation agreement with the Ulanqab municipal government, committing over RMB 30 billion in investment over the next five years to build a GW-level green power direct-connected data center cluster, achieving over 80% renewable energy coverage. The company's first-quarter newly signed IT load capacity reached approximately 200MW, a single-quarter record, with cumulative new contracts totaling 346MW, mostly pre-locked by leading clients.
Industry analysts note that average procurement scale has surged past 50MW per order, with many exceeding 100MW, as leading internet firms including Alibaba, ByteDance, and Tencent continue deploying hundred-billion-level infrastructure budgets. However, market concerns persist over profit quality, as over 80% of Q1 net income stemmed from one-time investment gains from DayOne equity operations.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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