On June 9, GDS Holdings rose 8.27% in pre-market trading, trading at $37.56/share, with trading volume of $382,800. The stock had previously cumulated a decline of over 15% due to Q1 profit quality disputes and a massive capital expenditure plan of RMB 300-500 billion over the next three years, and is now rebounding after consecutive sessions of weakness.

On the news front, the IDC industry has made substantial progress in establishing a closed-loop model of investment-construction-operation-securitization-reinvestment through multi-layered REITs. As of May, the industry has raised over RMB 15 billion through public and institutional REITs combined. GDS Holdings has issued public REITs products based on its smart computing center assets, effectively recovering capital to alleviate heavy-asset expansion pressure and directly addressing the market's core concern over strained operating cash flows.

Additionally, sector peers showed positive momentum, with CoreWeave up 2.73% and Snowflake up 0.62%, providing a supportive backdrop for the rebound.

(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.)