Chinese internet data service provider GDS Holdings Ltd ADR (NASDAQ: GDS) is set to raise $1.67 billion from its second listing in Hong Kong, according to … With a keen interest in the field of CSR, NGO's, Social Entrepreneurship , Data Center and a passion for writing, I wish to explore and tell people about various informations, happenings & insightful stories. JPMorgan, Bank of America, China International Capital Corporation, Haitong International are sponsors for the IPO. Filed 2016-10-04 Terms Added 2016-10-19: For IPO Boutique's "scale of 1 to 5" BUY rating on GDS Holdings Limited, and our comprehensive analysis, click "Buy Market Research. GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. Through a private placement, the shares were part of a newly issued set of Class A ordinary shares at $65 per share. Back in June, GDS raised $505m by selling shares to its investors Hillhouse Capital and ST Telemedia Global Data Centres. Learn More How to invest. Conyers Dill & Pearman provided Cayman Islands and BVI law advice to GDS Holdings Limited (the “Company”) in connection with its US$192.5 million initial public offering (IPO) of 19,250,000 American depositary shares on Nasdaq, the second largest exchange in the world by market capitalization. 04 November 2020 GDS Announces Pricing of Global Offering. ST Telemedia is wholly owned by Temasek Holdings, and three executives from ST Telemedia Global Data Centres (STT GDC) sit on the GDS board. Chinese data center leader GDS Holdings just listed on the NASDAQ, and founder William Huang discussed strategy with Data Center Knowledge the day of the IPO. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. GDS Holdings, which offers data center services from facilities in Mainland China and Hong Kong, recently filed for an IPO with the US Securities and Exchange Commission. The offering initially comprises 8,000,000 new shares for the Hong Kong Public Offering and 152,000,000 new Shares for the international offering (the “International Offering”), representing approximately 5.0% and 95.0% of the total number of shares in the Offering. The IPO initially comprises 8 million shares and 152 million shares are allocated for an international offering. GDS Holdings Limited (Nasdaq:GDS) is a leading developer and operator of high-performance data centers in China. GDS Holdings, an independent data centre service provider, is joining a bandwagon of US-listed Chinese companies to raise funds in Hong Kong where hot … Only a portion of the shares will be sold at the IPO to Hong Kong investors while the rest will be available internationally. About GDS. The IPO initially comprises 8 million shares and 152 million shares are allocated for an international offering. ... IPO Intelligence research provides institutional investors with top down tracking of the global IPO market and bottom up research and valuation analysis on every IPO. GDS Holdings received a thumping response from investors for its $192.5m Nasdaq IPO, but priced it below the initial range to capture long-only demand and a higher-quality book. Upon listing in Hong Kong, the Class A ordinary shares listed on the Hong Kong Stock Exchange will be fully fungible with the Class A ordinary shares represented by ADSs listed on Nasdaq, according to the company. Bill Stoller | Nov 03, 2016 On Wednesday, November 2, GDS Holdings Limited (NASDAQ: GDS) rang the bell at the NASDAQ, becoming the latest publicly traded data center operator listed for trading on a US stock exchange. GDS Holdings Limited is a leading developer and operator of high-performance […] Investors GDS Holdings Ltd. is planning to raise up to 13.76 billion Hong Kong dollars ($1.78 billion) from an initial public offering in Hong Kong, it said Wednesday. 27 October 2020 More News. With a 15 year history, the company has over 48,000 sq m (516,667 sq ft) of data centers in service, and plans to add … GDS Holdings Ltd. develops and operates data centers in China. If there is demand, the shares up for grabs at the Hong Kong IPO could be adjusted from 8 million to 32 million, around 20 percent of the total number of shares available. ET by Tomi Kilgore GDS Holdings prices offering below range GDS Holdings started at outperform with $14 stock price target at RBC Capital Dec. 6, 2016 at 7:41 a.m. William Huang, GDS Holdings chairman, founder & CEO, discusses his Chinese data center company's IPO and … Am a Management Student & an alumnus of PSG - Coimbatore. No pricing … Only a portion of the shares will be sold at the IPO to Hong Kong investors while the rest will be available internationally. Its facilities are strategically located in China’s primary economic hubs where demand for … 16 November 2020 GDS to Report Third Quarter 2020 Financial Results on Monday, November 16, 2020 U.S. Eastern Time. Google, UnderArmour and Facebook were holdings in our IPO investment strategies when they were newly public. Stock analysis for GDS Holdings Ltd (GDS:NASDAQ GM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. EqualOcean China's largest third-party data center brand GDS Holdings has set its Hong Kong IPO price at HKD 80.88 apiece. GDS Holdings IPO on the move. U.S. IPO ETF. STT GDC told The Business Times: “We have been invested in GDS for close to four years and since its IPO (initial public offering), we have increased our investment in GDS. The company said that investors in the offering will only be able to purchase Class A ordinary shares and not ADSs. China-based GDS Holdings Limited, a developer and operator of data centers, has debuted its IPO after pricing its 19.25 million shares at $10 per share. The company’s American depositary shares, each representing eight Class A ordinary shares of the company, will continue to be listed and traded on the Nasdaq Global Market. The IT services management company said it is seeking to sell 160 million shares at an indicative price of HK$86 each. GDS Holdings hosts Hong Kong IPO in bid to raise $1.8bn, Vertiv Ranked as One of the Leading Suppliers in Modular Data Centre Market, India’s data centre market offers $4.9 bn investment opportunity, Microsoft develops modular Azure data center, with optional satellite connectivity, T5 Data Centers acquires former Apple data center in San Jose, Ericsson buys US wireless WAN company Cradlepoint in $1.1bn 5G push, Lenovo Data Center Group expands HCI portfolio. Find the latest Financials data for GDS Holdings Limited ADS (GDS) at Nasdaq.com. SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS” or the “Company”) (NASDAQ: GDS), a leading developer and … GDS Holdings is selling 19.25 million American Depositary Shares in its IPO. For investor and media inquiries, please contact: GDS Holdings Limited Laura Chen Phone: +86 (21) 5119 6989 Email: ir@gds-services.com … GDS Holdings has filed an F-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). GDS announces launch of Hong Kong IPO 21 October 2020 | Abigail Opiah GDS Holdings Limited (NASDAQ: GDS) has announced the launch of its Hong Kong public offering, which forms part of the global offering of 160,000,000 new Class A ordinary shares and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited. The stock in GDS Holdings Ltd. (Nasdaq: GDS) hit an all-time high of $80.99 per American Depositary share in early trading Monday on the news of it weighing a Hong Kong IPO that could raise roughly $1 billion as soon as this year. China is a huge growth market for data center providers. The local share offering is expected to close next Tuesday and trading will begin on November 2. The company plans to use the net proceeds received from the Offering primarily for expanding its platform of high-performance data centres through strategic sourcing across markets and innovating and developing new technologies related to data centre design, construction and operations, as well as other general corporate purposes. Initial Public Offering (“IPO”) On November 2, 2016, the Company successfully completed its IPO of 20,070,735 American Depositary Shares ... About GDS Holdings Limited. GDS Holdings, a Shanghai-based ... Hong Kong brokers tout lower costs for retail investors seeking to buy into Ant Group’s IPO after US$12.9 billion of inflows drags interest rate down. GDS Holdings is well known by investors, ... * Also, the prospects for bank stocks and a highly anticipated IPO under a Biden administration. These are set to be priced between $12 and $14 per ADS. GDS announced its upcoming IPO and its intent to sell 19.25 million shares at a price of $10 per share. GDS Holdings Limited (NASDAQ: GDS) has announced the launch of its Hong Kong public offering, which forms part of the global offering of 160,000,000 new Class A ordinary shares and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited. Underwriters for the IPO are Credit Suisse, J.P. GDS Holdings Limited Reports Third Quarter 2020 Results Nov 16, 2020 GDS to Report Third Quarter 2020 Financial Results on Monday, November 16, 2020 U.S. Eastern Time The proceeds from the IPO will go mostly towards expanding its data centers and R&D related to data center design, construction, and operations. The company expects to grant the international underwriters an over-allotment option to purchase up to an additional 24,000,000 new shares in the International Offering, representing no more than 15.0% of the total number of shares initially available in the Offering. GDS’s American depositary shares (ADS), each representing eight Class A ordinary shares will be listed and traded on the Nasdaq – these comprise the other 152 million shares. Chinese data center developer and operator GDS Holdings has filed with the SEC to raise up to $200 million in an initial public offering (IPO). © 2020 Capacity Media is part of the Euromoney Institutional Investor PLC group, Facebook sued by FTC, could be forced to divest WhatsApp and Instagram, Dos Santos loses 25% stake in Unitel after BVI court ruling, Democrats back FCC’s action against China Telecom and Huawei, BSO partners Superloop to enhance Singapore network. GDS Holdings expects to determine the final IPO price on Oct. 27 and its shares to start trading on Nov. 2. Investors in GDS’s HKEX IPO will only purchase Class A ordinary shares and not ADS. The company provides colocation, managed hosting, and managed cloud services, as well as consulting services to the cloud, internet and banking industries. GDS is hoping to raise $1.8bn by selling 160 million Class A ordinary shares at around $11 each. Chinese data center company GDS Holdings is holding an IPO to raise billions of dollars from shares listed on the Hong Kong Stock Exchange (HKEX). The total number of shares available in the Hong Kong Public Offering could be adjusted to up to a maximum of 32,000,000 new shares, representing approximately 20% of the total number of shares initially available in the Offering. Chinese data center company GDS Holdings is holding an IPO to raise billions of dollars from shares listed on the Hong Kong Stock Exchange (HKEX).. 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