Chindata set to ride AI-powered explosion in demand for data storage, processing
The data center operator has forecast 30% revenue growth this year, but says there’s potential for upside as its customers roll out new data-hungry AI applications Key Takeaways: • Chindata…
CD.US
CHINA BULLETIN: Breaking Up Is Easy to Do, Say Alibaba and JD.com
In this week’s issue breaking up Alibaba-style, stock markets continue their winning streak, and a baked-in-China IPO hits Wall Street. On a scale of 1 to 10, we give the week a 7 for offshore-listed China stocks.
VNET mired in mess of red ink, chairman’s dubious stock maneuvers
The data center operator’s net loss widened in last year’s final quarter, while a maneuver by its chairman to retain control of the company may leave many investors uneasy Key…
VNET.US
GDS Shifts to Deal-Making High-Gear to Keep Funding Its Money-Losing Operations
The data center operator is reportedly in talks to sell a stake in its international business, just a month after raising $580 million from a bond sale Key Takeaways: GDS…
9698.HK
GDS.US
FAST NEWS: Chindata Sees Big Demand for $300 Million Note Sale
The latest: Data center operator Chindata Group Holdings Ltd. (CD.US) announced on Thursday it has priced its offer of $300 million worth of senior notes due in 2026. The notes…
GDS Dials Up New Funds With Convertible Bond Issue
The data center operator will raise $580 million by issuing convertible notes, becoming the latest offshore-listed Chinese company to seize on positive market sentimentKey Takeaways:GDS will raise $580 million by…
Full Truck Alliance Puts the Brakes on Hong Kong Listing Plan
The U.S.-listed truck app operator reportedly scrapped its plan for a second listing in Hong Kong due to recent improvements in the U.S. regulatory environmentKey Takeaways:Trucking app operator Full Truck…
