Financial news app learned that GDS Holdings-SW(09698) rose more than 7% again, with a cumulative increase of nearly 15% this week. As of the publication, it rose 6.03%, to HKD 8.61, with a turnover of HKD 13.5452 million.

UBS Group previously released research reports indicating that GDS Holdings, benefited from strong customer demand, had international revenues of RMB 206 million in the first quarter, up 580% year-on-year. The management expects that its international business will receive more and larger customer orders within the next 12 months. The bank raised the adjusted EBITDA forecast for the group from 0-2% to reflect the better-than-expected performance of the international business, and raised the target price from $11.3 to $12.4, reiterating the "buy" rating.

CICC believes that the group's overseas demand is strong, and the planned capital expenditure for the whole year is RMB 4 billion, with the tilt of capital expenditure adapting to the company's different strategies for domestic and overseas promotion. At the same time, overseas financing provides sufficient capital support for the independent operation of the international business. In terms of performance, with the acceleration of delivery rhythm, overseas business is expected to maintain strong growth this year. Considering the accelerated domestic and foreign payment and the rapid expansion overseas may boost valuation, the target price of its US stock is raised by 11% to $10.