Chinese data centre developer GDS Holdings rises in Hong Kong debut

GDS Holdings

02/11/2020 03:53

** Shares of high-performance data centre developer and
operator GDS Holdings Ltd  9698.HK  trade as high as HK$83.25
per share on their debut in Hong Kong, up 2.9% from the offer
price of HK$80.88 apiece
    ** Shanghai-based GDS  GDS.O  sold 160 mln shares in its
public offering in Hong Kong, raising HK$12.9 bln ($1.66 bln) to
expand its platform of high-performance data centres and to fund
development of new technologies  urn:newsml:reuters.com:*:nASA01A36
    ** The Hong Kong Hang Seng sub-index tracking information
technology firms  .HSCIIT  climbs 0.3%, while the Hang Seng Tech
Index  .HSTECH  slides 0.2%%
    ** The Hang Seng China enterprises index  .HSCE  rises 1.1%,
and the benchmark index  .HSI  climbs 0.9%
    ($1 = 7.7544 Hong Kong dollars)

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)