[ET Net News Agency, 20 December 2023] Daiwa lowered its target price for GDS (09698)
to HKD8.6 from HKD15.1 and maintained its "hold" rating.
The research house said it is revising down 2024-25E revenue by 2-4% on
weaker-than-expected domestic move-in as large customers still have inventory to absorb.
(RC)