Citigroup: Lower Hang Seng Index's year-end target to 19,800 points.

Recently, a report from Citigroup pointed out that H-shares listed in Hong Kong are more sensitive to the Fed's interest rate cuts, so they remain bullish on H-shares over A-shares. Citigroup has lowered its year-end target for the Hang Seng Index by 3% to 19,800 points and also lowered its mid-2020 target by 5% to 21,000 points.

Zhitong FinanceSep 9 04:06 ET

Nomura: GDS Holdings-SW (09698) both sides of the Southeast Asia supply and demand will face more opportunities.

The target of gds holdings - SW(09698) is to achieve a maximum of 50% of the 1GW increment that the Malaysian government may release by 2025.

Zhitong FinanceSep 8 23:46 ET

AST SpaceMobile And Polestar Automotive Are Among Top 10 Best Performing Mid-Cap Stocks in August: Are The Others In Your Portfolio?

BenzingaSep 8 14:09 ET

Goldman Sachs: Upgrades GDS Holdings Target Price to 23.4 Hong Kong Dollars, Demand Upswing Cycle Creates Valuation Upside.

Goldman Sachs released a report stating that recently observed signs of demand recovery in the second quarter performance of Chinese datacenter (internet plus-related datacenter) operators. Driven by investments in Gen-AI and GPU-related capital expenditures, Chinese datacenter operators focusing on wholesale business are entering an uptrend in demand, with these capital expenditures coming from cloud hyperscalers, top internet companies, and AI startups. The bank stated that GDS Holdings remains its top pick in the industry, believing that the company's positioning is best positioned to capture the aforementioned rising demand, with the target price raised to 23.4 Hong Kong dollars, believing that the uptrend in demand cycle creates room for valuation growth, and given a “buy” rating.

Gelonghui FinanceSep 4 00:53 ET

Goldman Sachs Maintains GDS Holdings(GDS.US) With Buy Rating, Raises Target Price to $24

Moomoo NewsSep 3 14:32 ET · Ratings

Exchange-Traded Funds Edge Lower, Equity Futures Mixed Pre-Bell Tuesday as Stocks Struggle for Direction

MT NewswiresAug 27 08:31 ET