GDS Holdings Stock Forum

Hong Kong stocks followed the downward trend of external and A-share markets. $Hang Seng Index(800000.HK)$ tumbled 351 points or 2.1% to close at 16,248. $Hang Seng China Enterprises Index(800100.HK)$ decreased 112 points or 1.9% to close at 5,743. $Hang Seng TECH Index(800700.HK)$ plummeted 104 points or 3% to close at 3,337. Total turnover for the day was $114.58 billion.
Technology stocks $TENCENT(00700.HK)$ lowered 0.9% to $301.8, while $BABA-SW(09988.HK)$...

$Aehr Test Systems(AEHR.US)$$Calix(CALX.US)$$GDS Holdings(GDS.US)$
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$Hang Seng Index(800000.HK)$ lost 310 points or 1.9% to close at 16,224. $Hang Seng China Enterprises Index(800100.HK)$ faded 126 points or 2.3% to close at 5,480. $Hang Seng TECH Index(800700.HK)$ sagged 107 points or 3% to close at 3,484. Total market turnover for the day amounted to $84.442 billion.
Dotcoms decreased. $MEITUAN-W(03690.HK)$ and $BILIBILI-W(09626.HK)$ shed 4.9% and 5.2% each, while $XIAOMI-W(01810.HK)$ , $JD-SW(09618.HK)$ and $NTES-S(09999.HK)$ slipped 3...

$GDS-SW(09698.HK)$ This has been gapping down more often than not recently...and the price looks very attractive now. Data centres should be in high demand over the next decade (albeit highly competitive as well), and I won't be surprised if this company gets a buy-out offer in the near future. Might commence to dollar cost average this company soon. What do you guys/gals think?

The Nasdaq fell on its first trading day of 2024, with $Apple(AAPL.US)$ , which was downgraded to "underweight" by Barclays with TP down to US$160, continuing to drop 3.6%. In addition, $NASDAQ Golden Dragon China(.HXC.US)$, which reflects the performance of Chinese ADRs, lost 3.5%.
$Hang Seng TECH Index(800700.HK)$  busted below the 20 and 10MAs to bottom at 3,627, and last at 3,630, down 2.3%. $Hang Seng Index(800000.HK)$ also miss...

At open, $Hang Seng Index(800000.HK)$ dropped 28 pts or 0.2% at 17,762; $Hang Seng China Enterprises Index(800100.HK)$ shed 11 pts or 0.2% at 6,086; and $Hang Seng TECH Index(800700.HK)$ faded 11 pts or 0.3% at 3,989.
$BIDU-SW(09888.HK)$ , with its interim net profit spiking 3x YoY to RMB11.035 billion beating estimates, opened 1.6% higher.
$KUAISHOU-W(01024.HK)$ , with its 2Q non-IFRS adjusted profit turning positive, added 0.2% at $62.6. $GDS-SW(09698.HK)$ , given ...

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Gap Downs
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