According to the Zhitong Financial APP, GDS Holdings-SW(09698) rose by over 10%, and as of press time, it was up 10.5%, to HKD 10, with a turnover of HKD 34.1476 million.
On the news front, the Ministry of Industry and Information Technology and four other ministries recently jointly issued a document proposing that by 2026, the linkage level between China's artificial intelligence industry standards and industrial technology innovation will continue to improve, with more than 50 new national standards and industry standards formulated, accelerating the formation of a standard system to lead the high-quality development of the artificial intelligence industry. Huang Wei, chairman and CEO of GDS Holdings, previously stated that domestically, the company is accelerating the delivery of existing orders, with a quarter-on-quarter increase in new usage area creating a new high in three years, while winning new business orders and strategically allocating resources for the upcoming wave of AI.
CICC previously stated that the group's overseas demand is strong, with a planned capital expenditure of ¥4 billion for the full year. The tilt of capital expenditures adapts the company's different strategies for domestic and overseas promotion. At the same time, overseas financing provides sufficient funding support for independent operations of global business. From the perspective of performance, with the advancement of delivery schedule, overseas business is expected to maintain strong growth this year.