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GDS Holdings 9698.HK · HKD

Information Technology · HKEX · 🇭🇰 Hong Kong

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22.08

+4.05%

Close of 9 Nov 2026, in HKD

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About GDS Holdings

Its shares trade on HKEX under the ticker 9698.HK. It has been listed since 2 November 2016. In the fiscal year to 31 December 2025, it reported revenue of CN¥13.31bn and net income of CN¥1.11bn. At that date it held total assets of CN¥93.21bn and shareholders' equity of CN¥31.27bn.

GDS Holdings Ltd. engages in developing and operating data centers in China. The company is headquartered in Shanghai, Shanghai. The company went IPO on 2016-11-02. The firm is neutral to operators and cloud service providers, which enables its customers to access all the major telecommunications networks in China, as well as Chinese and global public clouds which it hosts in many of its facilities. The company offers colocation and managed services, including direct private connection to public clouds, a service platform for managing hybrid clouds, and where required, the resale of public cloud services. The company also provides outsourced data center services. Its customers, which consist of cloud service providers, Internet companies, financial institutions, telecommunications carriers, information technology (IT) service providers, large enterprises and public services customers. The firm mainly conducts its businesses in the Chinese market.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Information Technology
Industry
IT Services
Listed since
2 Nov 2016
Employees
2,185

Leadership

Pay as last reported

  • Mr. Wei HuangChairman of the Board, Chief Executive Officer, Founder
  • Mr. Tat Hiang SioVice Chairman of the Board, since 2014
  • Mr. Daniel NewmanChief Financial Officer
  • Mr. Kejing ZhangExecutive Vice President - Sales and service
  • Ms. Yan LiangExecutive Vice President - Data center design, operation and delivery
  • Ms. Yixin QianExecutive Vice President - Operation
  • Mr. Jonathan KingMember of the Executive Committee
  • Mr. Chee Ming LiuDirector
  • Mr. Bruno LopezDirector
  • Mr. Satoshi OkadaDirector
  • Mr. Gary WojtaszekDirector
  • Mr. Zulkifli BaharudinIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
47
Environment
39
Social
77
Governance
25
Direct emissions (scope 1)
35,373 t
Energy emissions (scope 2)
2,708,764 t
Value chain emissions (scope 3)
1,652,723 t
Women in the workforce
15%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Shanghai, China, with 2,185 employees.
  • Offers colocation and managed services including direct private connections to public clouds.
  • Neutral to operators and cloud service providers, enabling access to major Chinese telecom networks and public clouds.

Weaknesses

  • Primarily operates in the Chinese market, limiting international expansion.
  • Relies on a single market for business, increasing vulnerability to local economic changes.
  • No mention of international presence or global market diversification.

Opportunities

  • Growing demand for data center services in China's expanding digital economy.
  • Potential to expand services to international markets beyond China.
  • Increasing adoption of hybrid cloud solutions by enterprises could drive service demand.

Threats

  • Regulatory changes in China's data center and cloud services sector.
  • Competition from domestic and international data center providers.
  • Economic downturns in China could reduce demand for data center services.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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