gds holdings (09698) rose 3.86%, with institutions indicating that its performance meets expectations.

King's Wealth News | GDS Holdings (9698) fluctuated and rose in the morning, as of the deadline, up 3.86% to HK$18.28, with a turnover of 16.5254 million Hong Kong dollars. Bank of America Securities pointed out that GDS Holdings' third-quarter revenue increased by 18% year-on-year to 2.97 billion yuan, EBITDA adjusted for tax and amortization increased by 15% year-on-year to 1.3 billion yuan, both meeting market and the bank's expectations. The company's management raised next year's capital expenditure guidance from 6.5 billion yuan to 11 billion yuan, including capital expenditure guidance for both China and international markets, which were increased to 2.5 billion and 40 billion yuan respectively.

King Wu Financial News21:52 ET

Jefferies Maintains GDS Holdings(GDS.US) With Buy Rating, Raises Target Price to $27.06

Moomoo News21:32 ET · Ratings

Goldman Sachs: US hedge funds significantly increased their shareholding of Chinese concept stocks in the third quarter.

A report by Goldman Sachs, a US investment bank, shows that US hedge funds increased their investments in Chinese companies listed in the US in the third quarter, with jd.com and GDS Holdings stocks being bought the most. According to a report sent to clients on Wednesday by Goldman Sachs, the exposure of US hedge funds to US-listed Chinese concept stocks has risen to the highest level since the end of 2021. The bank stated that as of early the fourth quarter, approximately 25% of US long-short stock funds hold at least one long position in Chinese concept stocks. E-commerce giant jd.com is the most popular, attracting 47 hedge funds, with 26 funds net buying in the third quarter.

Global market broadcastNov 21 02:31 ET

Hong Kong stock concept tracking | Global data cross-border flow cooperation initiative released. The construction of the data market enters a new stage (Concept stocks attached).

The initiative is expected to radiate the cni data factor index industry to the global market.

Zhitong FinanceNov 20 21:04 ET

GDS Holdings (GDS): Expanding Data Center Capacity to Meet AI Demand

Yahoo FinanceNov 20 13:42 ET

China ADRs Have Increased to the Largest Share Since Late 2021 – GS

Seeking AlphaNov 20 11:22 ET