A Chinese data center operator and developer has raised $1.6 billion in a secondary listing on the Hong Kong Stock Exchange, and considers the territory to be a hub of the region. Shanghai-based GDS Holdings, which has been listed on Nasdaq since 2016, is the latest in a wave of companies making secondary listings in Hong Kong, according to the South China Morning Post. The secondary listing has become increasingly popular since e-commerce giant Alibaba
source https://therealdeal.com/2020/11/07/china-us-trade-tension-fuels-data-center-giants-secondary-exchange-listing/
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