Technology Oct 21, 2020 09:59 AM (GMT+8) · EqualOcean
The biggest third-party data center brand in China, GDS, will trade under the ticker of '9698.HK' at the beginning of October. The funding will help the company collect up to around HKD 15.3 billion from issuing as many as 160 million ordinary shares at HKD 86 apiece, including CNY 2 billion from the so-called 'greenshoe' effect of 15% additional stocks. JPMorgan, Bank of America, CICC and Haitong International are co-sponsors of the IPO.