Core Points - The United States District Court for the Central District of California has approved a proposed class action settlement for purchasers of GDS Holdings Limited publicly-traded American Depositary Shares (ADS) [1][2] - The settlement amount is set at $3,000,000, and a hearing is scheduled for February 10, 2025, to determine the fairness and adequacy of the settlement [3][4] - The settlement class includes all individuals who purchased GDS ADS from July 13, 2020, through April 3, 2023 [2][4] Settlement Details - The proposed settlement will be evaluated for approval regarding its fairness, reasonableness, and adequacy [3] - The plan for distributing the settlement proceeds will also be assessed during the hearing [3] - Lead Counsel has applied for an award of attorneys' fees up to 30% of the settlement amount, along with reimbursement of expenses not exceeding $55,000, and a total award to plaintiffs not exceeding $6,000 [3] Participation and Exclusion - Individuals who purchased GDS ADS during the settlement class period may be affected by the settlement, including the release of claims related to their ownership [4] - To participate in the settlement, affected individuals must submit a Proof of Claim by January 13, 2025 [5] - Those wishing to be excluded from the settlement class must submit a request for exclusion by January 6, 2025 [6]

香港交易及結算所有限公司、香港聯合交易所有限公司（「香港聯交所」）及香港中央結算有限公 司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因 本公告全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 萬國數據控股有限公司*（「本公司」）以不同投票權控制。股東及有意投資者務請留意投資不同 投票權架構公司的潛在風險，特別是不同投票權受益人的利益未必總與股東整體利益一致，而 不論其他股東如何投票，不同投票權受益人會對股東決議案的結果有重大影響。我們的美國存 託股（每股美國存託股代表八股A類普通股）於美國納斯達克全球市場上市，股份代號為GDS。 GDS Holdings Limited 萬國數據控股有限公司* （於開曼群島以GDS Holdings Limited的名稱註冊成立及以不同投票權控制的有限公司， 並以GDS WanGuo Holdings Limited於香港經營業務） （股份代號：9698） 董事會會議召開日期 本公司董事會將於2024年11月15日（香港時間）召開董事會會議，其中包括將於 會上批准本公司截至2024年9月30日止第三季度的未經審計財務業 ...

SHANGHAI, China, Nov. 05, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will report its third quarter 2024 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on November 19, 2024. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern T ...

LOS ANGELES, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. announces that the United States District Court for the Central District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of GDS Holdings Limited publicly-traded American Depositary Shares (NASDAQ: GDS): UNITED STATES DISTRICT COURTCENTRAL DISTRICT OF CALIFORNIA    LARRY BERGMANN, Individually and on behalf of all others similarly situated,        Plaintiff,        ...

香港交易及結算所有限公司、香港聯合交易所有限公司（「香港聯交所」）及香港中央結算有限公 司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不就因 本公告全部或任何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 萬國數據控股有限公司*（「本公司」）以不同投票權控制。股東及有意投資者務請留意投資不同 投票權架構公司的潛在風險，特別是不同投票權受益人的利益未必總與股東整體利益一致，而 不論其他股東如何投票，不同投票權受益人會對股東決議案的結果有重大影響。我們的美國存 託股（每股美國存託股代表八股A類普通股）於美國納斯達克全球市場上市，股份代號為GDS。 GDS Holdings Limited 萬國數據控股有限公司* （於開曼群島以GDS Holdings Limited的名稱註冊成立及以不同投票權控制的有限公司， 並以GDS WanGuo Holdings Limited於香港經營業務） （股份代號：9698) 1 GDSH已決定不行使其在B輪股權融資中的優先購買權。於交割後及按已轉換基 準，GDSH將以普通股形式持有GDSI約37.6%的股權。B輪認購價意味著GDSH於 ...

SINGAPORE, Oct. 29, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (the “Company” or “GDSH”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that its international affiliate, DigitalLand Holdings Limited (“GDS International” or “GDSI”), which acts as the holding company for GDSH’s data center assets and operations outside of mainland China, has entered into definitive agreements for certain institutional private equity ...

Core Insights - Chinese stocks are gaining attention due to government stimulus measures and a strong U.S. jobs report, although PDD Holdings saw a decline in stock price despite positive analyst upgrades [1][2] - The Hang Seng index has rallied 34% over the past month, driven by government interventions and institutional investor interest, but concerns about sustainability remain due to economic challenges in China [1] Company Analysis: PDD Holdings - PDD Holdings has strong financial metrics, with a price-to-earnings ratio of 16.3 and a price-to-book ratio of 6, indicating solid financial stability [3] - The company's Altman Z-score of 7.87 suggests strong financial health, while a Beneish M-Score of -1.79 indicates low likelihood of financial manipulation [3] - Despite a recent stock price decline, PDD is assessed as "Modestly Undervalued" with a GF Value of 199.22, suggesting potential upside [3] Market Sentiment and Analyst Perspectives - Goldman Sachs projects a potential increase of 15% to 20% for Chinese indexes if stimulus pledges are fulfilled, while Invesco and JPMorgan Chase express skepticism about the effectiveness of current measures [2] - Macquarie's upgrade of PDD Holdings, raising the price target from $126 to $224, reflects confidence in the company's position within the Chinese internet sector [2] - Mixed market narratives, potential profit-taking, and rising U.S. treasury yields may pose challenges for tech and growth stocks like PDD [4]

Analysts are now conflicted on Chinese stocks after an epic run over the past few weeks.Chinese stocks are once again in the limelight today, as analysts debate how much farther the rally could run and as treasuries bounced after a blowout jobs report on Friday. Shares of the electric-car maker Li Auto (LI 2.82%) and data center operator GDS Holdings (GDS 0.95%) traded 2% and 1.5% higher, respectively. Meanwhile, the e-commerce company PDD Holdings (PDD -2.17%) had fallen nearly 2%, despite an analyst upgra ...

SHANGHAI, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of highperformance data centers in China and South East Asia, today announced the release of its 2023 Environmental, Social and Governance ("ESG") report, detailing the Company's ongoing sustainability efforts and its ESG performance. In a significant development, GDS is delighted to announce that, through implementing a diverse strategy ...

The company notched a double beat with its latest set of quarterly figures.GDS Holdings (GDS 17.14%) notched a convincing pair of beats in its latest quarterly-earnings report, and investors were all too happy to reward the company for this feat. They bid the price of its American depositary shares (ADSs) up sharply after news of the results made headlines on Wednesday, to the point where they closed the day more than 17% higher in price. That compared very well to the 0.4% uptick of the S&P 500 index on Hu ...