Market Might Still Lack Some Conviction On GDS Holdings Limited (NASDAQ:GDS) Even After 28% Share Price Boost

Simply Wall St18:22

U.S. stocks fluctuating | GDS Holdings pre-market up 1.5%, listed in Hong Kong soared over 7% to set a new stage high.

On January 8, Gelonghui reported that GDS Holdings on the Hong Kong stock market rose sharply by over 7%, reaching a new phase high, which drove GDS Holdings (GDS.US) Pre-Market Trading up by 1.5%. In the news, the National Development and Reform Commission and two other departments recently issued the 'Guidelines for National Data Infrastructure Construction'. It mentioned that by 2029, the national data infrastructure construction and operation system mechanisms will be basically established. Guosen pointed out that GDS Holdings ranks first among service providers in computing power centers and continuously meets the massive demand generated by the widespread application of AI technologies, leveraging the development of the domestic digital economy.

Gelonghui Finance17:16

Trending Stocks Today | Sana Biotechnology Soars 203.63% Post-Market

January 7th - US stocks trending post-market.Gainers: $Sana Biotechnology(SANA.US)$ soars 203.63% to $5.01 with a turnover of $50.25 million. $WiMi Hologram Cloud(WIMI.US)$ rises 11.53% to $2.03

Futu News05:30

UniFirst, Getty Images, Shutterstock And Other Big Stocks Moving Higher On Tuesday

BenzingaJan 7 23:15

Hong Kong stocks are moving | GDS-SW (09698) rises again by over 4%. The construction of national data infrastructure is expected to accelerate.

GDS-SW (09698) has risen over 4% again, as of the time of writing, it has increased by 4.59%, reporting at 25.05 Hong Kong dollars, with a transaction amount of 20.9031 million Hong Kong dollars.

Zhitong FinanceJan 7 09:37

Shares of Companies Within the Broader Tech Sector Amid Market Strength and May Be in Reaction to Microsoft's Plan to Invest Approximately $80 Billion Into AI Data Center Development in FY25.

BenzingaJan 7 01:42