3 stories mentioning HKG:9698Updated just now
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GDS (HKG:9698) recorded net income attributable to shareholders of 835.2 million yuan in the second quarter, compared with an attributable loss of 72.3 million yuan a year prior.Earnings per share stood at 0.44 yuan, compared with a loss per share of 0.06 yuan previously, according to a Thursday Hong Kong bourse filing.Revenue increased 6.5% to 3.09 billion yuan from 2.9 billion yuan in the year-ago period.
Abu Dhabi-backed AI investor MGX is considering acquiring Singapore-based data center operator DayOne as it works with an investment bank to prepare for the deal, Reuters said in an exclusive report on Friday, citing three sources familiar with the matter.DayOne, affiliated with Chinese cloud services provider GDS Holdings (HKG:9698), has been preparing for a U.S. initial public offering targeting a $20 billion valuation. However, MGX may be unwilling to match that price, the report said, citing the sources.The sources added that a deal is not guaranteed and DayOne could still go ahead with its IPO plans. Reuters had reported in May that the company was also planning a Singapore IPO, but the plans were uncertain. DayOne is being backed financially by Coatue Management, SoftBank Vision Fund, and Citadel Securities founder Ken Griffin, Reuters said.MGX did not immediately reply to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
GDS (HKG:9698) recorded a rise in attributable profit in the first quarter of 2026 to 2.65 billion yuan from 763 million yuan a year prior, according to a Wednesday Hong Kong bourse filing.Earnings per share stood at 1.32 yuan, up from 0.43 yuan in the first quarter of 2025.Revenue climbed 24% to 3.37 billion yuan from 2.72 billion yuan in the year-ago period.
