Bank of America Raises GDS-SW (09698) Target Price to HK$52.8, Maintains "Buy" Rating

Stock News
2025/09/25

Bank of America has issued a research report raising the Hong Kong stock target price for GDS-SW (09698) by 6% from HK$49.7 to HK$52.8, citing improved prospects for China's data center demand and accelerated adoption of domestic AI chips. The US stock target price for GDS Holdings Ltd (GDS.US) was also raised from $50.6 to $53.8, while maintaining a "Buy" investment rating.

The bank noted that Alibaba-W (09988) recently stated at the 2025 Alibaba Cloud Summit that its token consumption doubles every 2 to 3 months, reflecting rising AI workloads. Additionally, Alibaba plans to increase AI and cloud computing investments by over RMB 380 billion over the next three years.

The report also highlighted that domestic chip development is progressing well, supporting growth in data center orders. Based on these factors, Bank of America has raised its adjusted EBITDA forecasts for GDS-SW by 1% to 3% for 2026-2027.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10