Changes in Hong Kong stocks | Global Data - SW (09698) rose more than 7% in the first quarter, international revenue increased nearly 6 times, and overseas business is expected to maintain strong growth

The Zhitong Finance App learned that GDS (09698) rose more than 7% in the intraday period. As of press release, it had risen 5.96% to HK$7.82, with a turnover of HK$116.704 million. UBS previously released a research report saying that GDS benefited from strong customer demand. International revenue for the first quarter was 206 million yuan, an increase of 580% year-on-year. Management anticipates that its international business will receive more and larger customer orders over the next 12 months. The bank slightly raised the Group's adjusted EBITDA forecast of 0 to 2% for the 2024-26 fiscal year to reflect the expected better international business performance, with a target price of 11.3

Zhitong FinanceMay 31 01:52 ET

Express News | GDS Holdings Ltd : HSBC Cuts Target Price to $9.8 From $14.5

ReutersMay 28 00:24 ET

[Broker Focus] BOC International maintains Universal Data (09698) purchase rating indicates that the first quarter results are broadly in line with expectations

Jinwu Financial News | According to the BOC International Development Research Report, the first quarter results of Universal Data (09698) were generally in line with expectations, maintained steady growth, and remained unchanged throughout the year. In the first quarter of 2024, the company achieved revenue of about 2,627 billion yuan (RMB, same below), an increase of 9.1% year on year; adjusted EBITDA was 1,183 billion yuan, up 4.7% year on year, about 25.5% of our forecast for fiscal year 2024 (RMB 4.648 billion), which is roughly in line with expectations. The company remains unchanged in its annual performance guidelines. The adjusted EBITDA is expected to be between RMB 4.950 billion and RMB 5.150 billion.

金吾財訊May 26 20:50 ET

The GDS Holdings Limited (NASDAQ:GDS) First-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a mediocre week for GDS Holdings Limited (NASDAQ:GDS) shareholders, with the stock dropping 19% to US$7.74 in the week since its latest first-quarter results.

Yahoo FinanceMay 25 08:53 ET

J.P. Morgan Maintains GDS Holdings(GDS.US) With Hold Rating, Raises Target Price to $7.5

J.P. Morgan analyst Gokul Hariharan maintains $GDS Holdings(GDS.US)$ with a hold rating, and adjusts the target price from $7 to $7.5.According to TipRanks data, the analyst has a success rate of 59.5

moomoo NewsMay 24 07:33 ET

TD Cowen Maintains GDS Holdings(GDS.US) With Buy Rating

TD Cowen analyst Michael Elias maintains $GDS Holdings(GDS.US)$ with a buy rating.According to TipRanks data, the analyst has a success rate of 42.5% and a total average return of -7.3% over the past

moomoo NewsMay 24 06:32 ET