On August 12, GDS-SW rose 4.79% in regular trading, trading at 32.3 HKD/share, with turnover of HKD 10.90 million.

On the news front, Goldman Sachs recently released a Q2 earnings preview report on the China internet sector, explicitly naming cloud and data centers as its preferred sub-sector and highlighting GDS-SW as a key beneficiary. The bank also significantly raised revenue forecasts for domestic large language models, boosting sentiment across Hong Kong-listed computing power names.

Additionally, the company's board convened on August 12 to approve Q2 results, which will be officially released on August 13 after Hong Kong market trading hours. Market consensus expects Q2 net revenue of approximately RMB 3.086 billion, representing 9.32% year-over-year growth. The stock had previously pulled back on concerns over earnings quality — notably, over 80% of Q1 net profit came from one-time gains related to the disposal of DayOne equity. The combination of a positive institutional call and the imminent earnings window drove capital back into the name.

(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.)