Glonghui, December 27 | Universal Data (9698.HK) rose 6.5% to HK$8.36. The company recently announced that Hong Kong's first self-built data center “Hong Kong No. 1” has successfully settled in for all customers. The data center is located in Kwai Chung District, with a total construction area of about 22,931 square meters, which can bring 18.8 megawatts (MW) of IT power capacity. Damo published a technical research report. It is expected that the stock price of GDS will rise within 60 days. The probability of occurrence is expected to be about 70% to 80%, and the target price is 16 US dollars. The rating is “increased.” The fundamentals of the stock remain unchanged, and Damo remains optimistic about the progress of its overseas expansion. Furthermore, due to its high leverage ratio, the stock is sensitive to US interest rates, and once the Federal Reserve starts cutting interest rates, the stock is likely to rebound strongly.