China data centre developer GDS jumps most in 5 months on Q2 revenue growth

GDS Holdings

14/08/2026 04:13

** Shares of GDS Holdings 9698.HK jump 13.1% to HK$35.12, on course for the biggest one-day pct rise since March 18
** Stock of Chinese high-performance data centre developer and operator hits the highest level since June 10
** GDS says second-quarter net revenue increased 6.5% y/y to 3.09 bln yuan ($458.23 mln); net income 837.6 mln yuan, compared to a net loss of 70.6 mln yuan; and adjusted EBITDA up 2.5% at 1.41 bln yuan  
** Co revises 2026 total revenue guidance to 12.70 bln yuan-13 bln yuan from 12.4 bln yuan-12.9 bln yuan previously expected, and guidance of adjusted EBITDA to 5.9 bln yuan-6.1 bln yuan range from 5.75 bln yuan-6 bln yuan  
** YTD, stock up 3.4%, while the benchmark Hang Seng Index .HSI down 1.7%     
     
($1 = 6.7433 Chinese yuan)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))