GDS Holdings' (GDS) stock price has risen more than 120% in the past year despite growing concerns on its status of a Chinese company publicly traded in the U.S. as an ADR. But demand for hyperscaling has been very strong, especially after the health panic relating to COVID-19 and the shift to cloud underpins medium-to-long-term growth.
The company is the largest third-party, carrier agnostic, and high performance data center provider in China. It funds the data center build-out with its third-party development model and has a proven track record with leading hyperscale customers