Gds Holdings Limited Stock Price, News & Analysis

GDS Holdings (NASDAQ: GDS; HKEX: 9698), a leading Chinese data center operator, has announced that its China REIT (C-REIT) will commence trading on the Shanghai Stock Exchange starting August 8, 2025. The C-REIT will trade under the fund code 508060.

This listing represents a significant milestone for GDS as it expands its presence in the Chinese capital markets through a Real Estate Investment Trust structure.

GDS Holdings (NASDAQ: GDS; HKEX: 9698), China's leading data center operator, has released its 2024 ESG Report highlighting significant sustainability achievements. The company reached a 40% renewable energy usage rate with a notable 100% increase in directly purchased green power. GDS improved its average Power Usage Effectiveness (PUE) to 1.24 from 1.28 in 2023, while reducing carbon intensity by 15.8%.

The company received several ESG rating upgrades, including an MSCI ESG rating upgrade to 'A' and became the world's only data center company to obtain Moody's NZA-2 Net Zero Assessment rating. GDS maintains its commitment to achieving carbon neutrality by 2030, with 87% of self-developed data centers now complying with green building standards.

GDS Holdings (NASDAQ: GDS; HKEX: 9698), China's leading data center operator, has successfully completed the Initial Public Offering (IPO) of its China REIT (C-REIT) on the Shanghai Stock Exchange. The offering garnered exceptional investor interest, with the institutional order book being 166 times covered and the retail offering 456 times oversubscribed. Due to high subscription levels, the retail offering closed ahead of schedule. The C-REIT is scheduled to commence trading in early August 2025 under the fund code 508060.

GDS Holdings (NASDAQ: GDS), a leading Chinese data center operator, has announced the final pricing for its C-REIT IPO on the Shanghai Stock Exchange at RMB 3.00 per unit. The offering, which was 166 times oversubscribed, will issue 800 million units to raise RMB 2.4 billion in gross proceeds.

The company will sell a 100% equity stake in a project company holding stabilized data center assets to the C-REIT for RMB 2,319 million. GDS will receive net proceeds of RMB 2,111 million and will reinvest RMB 480 million to maintain a 20% ownership in the C-REIT. The C-REIT's projected dividend yield for 2026 is 5.2%, with an EV/EBITDA multiple of 16.9x.

GDS Holdings (NASDAQ: GDS; HKEX: 9698), China's leading data center developer and operator, announced the successful completion of its 2025 Annual General Meeting on June 26, 2025. Shareholders approved all proposed resolutions, including the re-election of three directors: Mr. William Wei Huang, Ms. Bin Yu, and Mr. Zulkifli Baharudin.

Key approvals included the appointment of KPMG Huazhen LLP as independent auditor for fiscal year 2025, and authorization for the Board to issue up to 30% of existing share capital in equity or equity-linked securities within the next 12 months.

GDS Holdings (NASDAQ: GDS), a leading Chinese data center operator, has received approval from Chinese regulators to launch a C-REIT IPO on the Shanghai Stock Exchange. The transaction involves selling 100% equity in a project company holding stabilized data center assets to a newly formed C-REIT.

The underlying assets are valued at approximately RMB 1,933 million. GDS will retain 20% of the C-REIT units, while 50% has been pre-placed with cornerstone investors with 1-3 year lock-up periods. The remaining 30% will be offered through institutional bookbuilding and retail public offering. The transaction is expected to close within weeks, pending final pricing and conditions.

GDS Holdings Limited, a leading Chinese data center operator, has announced its 2025 Annual General Meeting (AGM) scheduled for June 26, 2025, at 4:00 p.m. China Standard Time in Shanghai. Shareholders of record as of June 4, 2025, including holders of ordinary shares and Series A convertible preferred shares, are eligible to vote. ADS holders can exercise voting rights through JPMorgan Chase Bank. The company has made available all relevant documents including the Notice of AGM, Proxy Statement, and annual reports on Form 20-F for fiscal year 2024 through its website, SEC's website, and HKEX's website.

GDS Holdings announced the closing of multiple financing transactions: a public offering of 5,980,000 American Depositary Shares (ADSs) at $24.50 per ADS, raising net proceeds of $141.6 million after expenses. The underwriters exercised their full option to purchase 780,000 additional ADSs. Additionally, GDS completed a private offering of $550 million in 2.25% convertible senior notes due 2032, including a $50 million overallotment option. The company also executed a Delta Placement of 6,000,000 Borrowed ADSs at $24.50 per ADS. The proceeds from the ADS offering will be used for general corporate purposes, working capital, and refinancing existing debt, including potential repurchases of convertible bonds due 2029. J.P. Morgan, BofA Securities, Morgan Stanley, and UBS Investment Bank served as joint book-running managers.

GDS Holdings announced the closing of multiple concurrent offerings: a Delta Placement of 6 million Borrowed ADSs at $24.50 per ADS, a convertible senior notes offering of $550 million due 2032 with 2.25% interest, and a Primary ADSs Offering of 5.98 million ADSs at $24.50 per ADS. The Borrowed ADSs were lent to an affiliate of the underwriter, who received all proceeds from their sale. GDS received only a nominal lending fee and believes the Borrowed ADSs won't affect earnings per ADS calculations. The ADS Borrower plans to use the short position to facilitate derivatives transactions related to the Notes. The Notes Offering included the full exercise of a $50 million option, while the Primary ADSs Offering included the complete exercise of an option for 780,000 additional ADSs.