On September 9, GDS-SW rose 3.75% in regular trading, trading at 31.64 HKD/share, with turnover of 6.0485 million HKD.

On the news front, the company recently released its interim report, posting first-half revenue of RMB 6.455 billion, up 14.79% year-over-year. Notably, second-quarter net profit reached RMB 838 million, swinging from a net loss of RMB 70.584 million in the year-ago period to a profit. The company simultaneously raised its full-year revenue guidance to RMB 12.7–13.0 billion from the previous RMB 12.4–12.9 billion range, while adjusted EBITDA guidance was lifted to RMB 5.9–6.1 billion, representing 9.2%–12.9% year-over-year growth. As of Q2-end, total contracted and pre-contracted area reached 784,802 square meters, up 18.2% year-over-year.

Additionally, the company's subsidiary DayOne has confidentially filed for a US IPO, potentially listing as early as Q4 with a target valuation of approximately USD 20 billion. Daiwa maintains a Buy rating with a target price of 47 HKD.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)