GDS Holdings stock jumps nearly 10% as China ADR rally keeps DayOne’s $2 billion funding in focus
GDS Holdings shares jumped 9.8% to $44.98 Monday, tracking a rally in U.S.-listed Chinese stocks after DayOne Data Centers secured over $2 billion in Series C funding. The Nasdaq Golden Dragon China Index rose 4.3%. VNET Group shares gained 9.1%. Traders focused on the financing news and Tuesday’s U.S. inflation report.