Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from GDS Holdings Ltd. ( (HK:9698) ).
GDS Holdings Limited announced the successful completion of its C-REIT initial public offering on the Shanghai Stock Exchange, which attracted significant interest from both institutional and retail investors. The institutional order book was 166 times covered, and the retail offering was 456 times over-subscribed, indicating strong market demand and positioning the company favorably in the data center infrastructure investment sector.
The most recent analyst rating on (HK:9698) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on GDS Holdings Ltd. stock, see the HK:9698 Stock Forecast page.
More about GDS Holdings Ltd.
GDS Holdings Limited is a company incorporated in the Cayman Islands and operates in Hong Kong as GDS WanGuo Holdings Limited. It is listed on the Nasdaq Global Market under the symbol GDS and is controlled through a weighted voting rights structure. The company is involved in data center infrastructure and has a significant presence in the technology and real estate investment sectors.
Average Trading Volume: 8,381,158
Technical Sentiment Signal: Buy
Current Market Cap: HK$56.88B
See more data about 9698 stock on TipRanks’ Stock Analysis page.