Why Chinese Stocks Dropped on Thursday [Yahoo! Finance]
GDS Holdings Limited - American Depositary Shares (GDS)
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Source: Yahoo! Finance
In one of the more spectacular examples of a large group of stocks quickly obeying gravity, Chinese equities again suffered notable drops on Thursday. In what's basically a "no news is bad news" scenario, investors are growing increasingly wary of the lack of detail provided by the country's authorities about their recently announced economic stimulus program. The rout that quickly overtook the explosive "stimulus rally" continued. As with previous bear sessions for Chinese titles, this affected companies in many different sectors. Tech companies GDS Holdings (NASDAQ: GDS) and Tencent Holdings (OTC: TCEHY) saw the prices of their U.S.-listed stocks melt by a respective 2% and 4% on the day. Over in the high-profile electric vehicle (EV) industry, Li Auto (NASDAQ: LI) decelerated harder, braking to a 5% decline at the close of the U.S. market. Too little and too late? It's all well and good to announce a sprawling stimulus initiative, but it helps to put as much meat on that bon
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- GDS Holdings Limited 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- GDS Holdings Limited Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
GDS
Earnings
- 5/22/24 - Beat
GDS
Sec Filings
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/5/24 - Form 6-K
- GDS's page on the SEC website