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Shares of Chinese and other international companies jumped sharply on Tuesday as hope spread that China's zero-COVID policy may be coming to a close. Rumors are floating that a government committee has been formed to study a plan for fully reopening China in March 2023. Markets acro...
BEIJING, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to rele...
Summary VNET Group has now received a second non-binding buyout offer at $8.2/ADS. The bid comes from the founder/CEO who owns 28% of voting shares. Investors stand to make a 40% return. However, I would still wait for a binding agreement to be reached. In April,...
Chinese data center service company Chindata Group ( NASDAQ: CD ) rose 2.3% i n premarket trading on a report that the company hired an adviser to consider potential asset sales or a take private. Chindata ( CD ) has been soliciting interest in possible divestiture...
Chindata Group announced 2022 Q2 financial report: delivering upbeat revenue and adjusted EBITDA results for eight straight quarters PR Newswire BEIJING , Sept. 6, 2022 /PRNewswire/ -- On August 25 , Chindata Group Holdings Limited ("Chindata Group" o...
Summary Chindata's performance for Q2 2022 was reasonably good based on an evaluation of the company's key metrics for the recent quarter. CD's key anchor customer, ByteDance, helped to drive the company's good results in Q2, but this is also an area of concern considering its hig...
China-based specialty tech company Chindata Group Holdings (NASDAQ: CD) did better than many of its American counterparts on Friday. The data center operator's shares rose by over 2% to eclipse the gain of the S&P 500 index, thanks to an estimates-beating quarter it reported...
Chindata Group Holdings Limited (CD) Q2 2022 Earnings Conference Call August 25, 2022 8:00 AM ET Company Participants Don Zhou – Investor Relations Nick Wang – Chief Financial Officer Zoe Zhuang – Vice President-Finance Huapeng Wu –...
The following slide deck was published by Chindata Group Holdings Limited in conjunction with their 2022 Q2 earnings call. For further details see: Chindata Group Holdings Limited 2022 Q2 - Results - Earnings Call Presentation
Chindata ADS press release ( NASDAQ: CD ): Q2 GAAP EPADS of $0.08. Revenue of $155M (+45.8% Y/Y). Adjusted EBITDA in the second quarter of 2022 increased by 60.8% to $81.3M, from RMB338.5M in the same period of 2021. The company reiterated its guidance for full yea...
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BEIJING, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced the completion of its merge...
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