On May 29, GDS Holdings-SW rose 7.35% in regular trading, trading at HK$33.5/share, with trading volume of HK$45.57 million. The stock had previously plunged over 15% due to Q1 earnings profit quality concerns and a massive three-year capital expenditure plan of RMB 30-50 billion, but has now entered a recovery phase supported by multiple major investment banks.

On the news front, Macquarie reaffirmed its Outperform rating with an H-share target price of HK$54.6; Goldman Sachs maintained its Buy rating with a 12-month target of HK$54; and CITIC Securities raised its target price to HK$50, highlighting that the company's Q1 new signed orders reached 346MW in IT power capacity, surpassing the entire prior fiscal year level. Both Macquarie and Goldman Sachs target prices imply approximately 60% upside from the current share price. The strong order pipeline underscores surging demand for AI computing infrastructure, reinforcing the long-term growth thesis despite near-term financial pressure from elevated capex and shrinking operating cash flow.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)