GDS (GDS) Launches Hong Kong Initial Public Offering

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GDS Launches Hong Kong Initial Public Offering

October 20, 2020 9:04 AM EDT

SHANGHAI, China, Oct. 20, 2020 (GLOBE NEWSWIRE) -- GDS Holdings Limited (GDS or the Company) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced the launch of its Hong Kong public offering (the Hong Kong Public Offering), which forms part of the global offering (the Offering) of 160,000,000 new Class A ordinary shares (the Shares) and listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange) under the stock code 9698.

The Companys American depositary shares (ADSs), each... More