GDS Holdings Ltd Class A
09698: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| s^? | LOCK|w^N | LOCK|Gr#Mb@S |
GDS Earnings: Increase in 2024 Capex Due to Data Center Market Confidence and Capital Raise
GDS reported its third-quarter results and raised its 2024 capital expenditure guidance to CNY 11 billion from CNY 6.5 billion, which we believe indicates the company's increased confidence in the data center market.
