Shares hit all-time high on the news. Rackspace HKG1 - Hong Kong Data Center is located at 8 Wong Chuk Yeung Street, Fo Tan, Hong Kong. GDS Holdings Limited (Nasdaq: GDS) is a leading developer and operator of high-performance data centers in China. Recent new entrants to the Data … The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated. We found 64 data center locations within 50 miles of this facility. GDS Holdings Limited (Nasdaq: GDS) is a leading developer and operator of high-performance data centers in China. Shanghai-based GDS sold 160 million shares in its Hong Kong listing. Shares hit all-time high on the news. EqualOcean China's largest third-party data center brand GDS Holdings has set its Hong Kong IPO price at HKD 80.88 apiece. As Puma APAC was forced to move its offices, it asked Dimension Data to design and install a green data center, which would eliminate the wastage in its existing use of power. There is a total of 19200 sqft in raised floor space for colocation. Data Cente Firm Snaps Up Vintage Building. The data center is 13273 sqft. Systems integrators Dimension Data has cut operating costs for sports brand Puma at its Hong Kong data center by 30% in a modernization drive focusing on greater energy efficiency. Building the Futian Data Center The new GDS’s Futian data center has six floors above ground level (a seventh floor is used as a conference space and office). GDS Holdings, also known as Global Data Solutions, is the latest US-listed Chinese company to raise funds in Hong Kong amid rising threats by the United States to decouple its economy from China. Its newly listed stock went up by 2.62% on the IPO day. GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. This offering was priced at HKD 80.88 per share with total consideration of HKD 12.94 billion in proceeds if the … GDS Holdings' Secondary Hong Kong Listing Could Bring in $1 Billion-capitalwatch.com Its Nasdaq-listed American depositary shares closed at $84.04 on Friday, which equates to about HK$81.5 with one GDS ADS representing 8 ordinary Hong Kong shares. GDS, developer and operator of “high-performance” data centers in China, has launched its Hong Kong initial public offering (IPO). 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 money inflows have helped fuel a stock rally for three weeks. GDS is also moving ahead with its plans to expand in Hong Kong. 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. Huang announced purchase of an existing building to retrofit into a future Hong Kong 2 data center located within 150 meters of Hong Kong 1, which GDS acquired one year ago. GDS is a leading high-performance data center and IT infrastructure service provider in China, with 98% of its self-developed data centers located in first-tier markets such as Shanghai, Beijing, Shenzhen, Guangzhou and Hong Kong. The company is seeking a … Despite these challenges, development continues on data centre projects for several operators, including global REIT Equinix, Australian operator AirTrunk, locally traded CITIC and pan-China developer GDS. Hong Kong remains of interest as a key regional data centre market, albeit one that has suffered through twin external shocks of late on both the political and viral fronts. The property at 2 Tai Yuen Street changed hands for the equivalent of HK$4,500 per square foot. The Hong Kong Data Centre market is due to change with the introduction of new facilities from i-advantage, GDS Holdings and China Mobile. By comparison, the Hang Seng Index rose 1.46% over the same period. GDS Holdings Limited (GDS), a leading developer and operator of high-performance data centers in China, today 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 under the stock code 9698 . The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated. These are strategic areas with the highest density of Internet users, with a high proportion of data and applications that are mission-critical and latency-sensitive. The Company’s facilities are … Elsewhere in the New Territories, data center operator GDS Services acquired the 47-year-old Milo’s Industrial Building in Kwai Chung for HK$880 million in late October. The company is hoping to raise up to $200 million through an offering on Nasdaq. CHICAGO, Aug. 26, 2020 /PRNewswire/ -- China and Hong Kong data center market is expected to grow at a CAGR of around 3% during the period 2019−2025.. Key Highlights Offered in … China is a huge growth market for data center providers. The Company also builds-to-suit and operates data centers at lower-tier … SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited ("GDS" or the "Company") (NASDAQ:GDS), a leading developer and operator of high-performance data centers in … The gross colocation space is not available for this data center. It has access to 1.2 MW of power. On November 2, China's biggest third-party data center brand GDS (GDS:NASDAQ, 09698:HK) began to trade on the Hong Kong Stock Exchange. GDS is hoping to raise $1.8bn by selling 160 million Class A ordinary shares at around $11 each. Only a portion of the shares will be sold at the IPO to Hong Kong investors while the rest will be available internationally. GDS is a world-class data center infrastructure service provider. Chinese data center service provider GDS has passed the review hearing process for its Second public offering on the Hong Kong Stock Exchange. GDS opened slightly above its offer price after raising $1.67 billion in its Hong Kong secondary listing, becoming the latest U.S.-traded Chinese … GDS shares opened at HK$81 on Monday, just above its offering price of HK$80.88, and closed at HK$83. We found 62 data center locations within 50 miles of this facility. The firm is seeking to raise up to HK$13.8 billion (US$1. GDS currently owns 4 T3+ data centers respectively at Suzhou Kunshan, Chengdu & Shanghai, and Shenzhen in addition to managing 12 others, providing a construction area of about 100,000m2 and data room area of about 28,000m2. GDS provides design, construction and operation services for data center infrastructure. The data center developer will look to be the next Chinese firm with a large market cap to list in the financial hub. GDS will be the first Chinese data center service provider to have a presence in both the Mainland China and Hong Kong markets. China-US trade tension fuels data center giant’s secondary exchange listing. The gross building size for this location has not been provided. 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). Summary: GDS reported its 4Q20 results, which reflected healthy hyperscale cloud demand across its tier 1 market data centres. The Futian data center adds to GDS’ cloud nodes in South China, North China, West China and East China and is its 17 th facility overall in China, its second in Shenzhen and fifth owned and built by the company itself. The Company’s facilities are … Evoque Data Center Solutions Hong Kong (HNK1-HK Island) Data Center is located at 399 Chai Wan Rd, Chai Wan, Hong Kong. GDS secured its first deal outside of China for the Hong Kong site currently under development and hinted at further entries into new markets in Southeast Asia by 2021. No power information has been offered for this location. Shanghai-based GDS Holdings has been listed on Nasdaq since 2016, but just raised $1.6B on Hong Kong … Shenzhen is the window and the front field since China has implemented the reform and open door policy. Financials: GDS top-line revenue for 4Q20 came […] Located in the centre of Pearl River Delta and next to HK, Shenzhen is the financial, manufactural and trade centre of South China. JP Morgan, BofA Securities, CICC and Haitong Securities are the joint sponsors of the deal. GDS Holdings Limited (Nasdaq: GDS) is a leading developer and operator of high-performance data centers in China.