Zhitong
2024.10.18 08:47

GDS rose more than 7% in pre-market trading, with securities firms pointing to its stable domestic base and the overseas industry reaching a turning point

GDS's pre-market trading in the US rose more than 7% to $22.69. A recent report from Minsheng Securities indicated that the company's domestic fundamentals are solid, with the overseas industry reaching a turning point. Under the trends of artificial intelligence, cloud computing, 5G, and other industries, data centers are expected to continue to experience high growth. In addition, the China Cybersecurity Association issued a statement yesterday recommending a cybersecurity review of Intel's products sold in China to effectively safeguard China's national security and the legitimate rights and interests of Chinese consumers. The initiation of a cybersecurity review is expected to drive the big data sector to surge