GDS News and Press, GDS Holdings Limited From 02/28/23

Summary The data center operator is reportedly in talks to sell a stake in its international business, just a month after raising $580 million from a bond sale. GDS is in talks to sell a minority stake in its international business, according to a Bloomberg report citing unnamed sources...

Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron New Asia Fund gained 6.60% during the final quarter of 2022. We enter 2023 facing an elevated risk of ear...

GDS Holdings ( NASDAQ: GDS ) is evaluating selling a minority stake in its international business. GDS ADRs rose 1.5%. The Shanghai-based data center operator is reviewing selling a $300 million to $400 million stake in its international business, according to a Bloomberg report...

Summary Eight Chinese companies have collectively raised more than $2 billion this month in Hong Kong and New York, seizing on recent positive market sentiment. The movement could augur a new fundraising wave as Chinese companies issue new shares and make IPOs after a pause of more than...

Summary A weaker inflationary impulse combined with the rapid reversal of China’s Zero-Covid policy set up a favorable environment for the outperformance of emerging markets stocks. The great reset in growth company valuations bodes particularly well for global growth investors. ...

Summary GDS will raise $580 million by selling convertible notes due in seven years, with a conversion price that is just 16.7% above its recent trading levels. The data center operator will use the money to fund its aggressive expansion in China and Southeast Asia. The company ...

GDS Holdings ( NASDAQ: GDS ) shares plunged around 6% in Wednesday's premarket session after the data center operator launched a private offering of $580M of 4.50% convertible senior notes due 2030. The notes will mature on January 31, 2030 and are convertible at an initial pr...

SHANGHAI, China, Jan. 11, 2023 (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 in China, today announced that it ...

Summary GDS's EV/EBITDA valuation multiple de-rating is justified by the market's expectations of slower revenue growth as a result of industry oversupply. I am impressed by GDS's geographical diversification efforts, but the international business isn't expected to have a positive EBIT...

Summary GDS stands to benefit from the post-COVID reopening in China. Efforts to expand overseas and rebalance the customer mix also bode well for growth. The stock has re-rated over the last month or so, however, limiting the upside. For further details see: ...