After news broke of a potential initial public offering (IPO) of a key business unit, investors piled into GDS Holdings (GDS 17.23%) on Tuesday. That rush powered the Chinese data center specialist's stock to an over 17% gain on the day, crushing the marginal gain of the bellwether S&P 500 (^GSPC 0.03%).
Late Monday night, Bloomberg reported that GDS is mulling the U.S. IPO of DayOne. Previously known as GDS International, the unit consists of the company's operations outside its native China.
Citing unnamed "people familiar with the matter," the financial news agency said that GDS could list DayOne on an American exchange as soon as this year. It is currently in discussions with banks regarding an IPO; Bloomberg did not identify any of those lenders.
Those talks are ongoing. The article's sources stressed that they might not necessarily result in a deal. If an IPO does occur, it could raise as much as $500 million, Bloomberg reported.
GDS has not yet formally responded to the report.
There might be some urgency to GDS's listing of DayOne. Last December, Bloomberg reported that a rival Chinese data center company, Yovole, is contemplating a U.S. IPO. Meanwhile, the American Depositary Receipts (ADRs) of another such company, VNET Group, trade on the Nasdaq.
DayOne is already well capitalized; that month, GDS raised $1.2 billion to fund the unit. Among other investors, the SoftBank Vision Fund was involved in the financing effort. This left GDS with a stake in DayOne of just under 36%, according to Bloomberg.
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。