GDS Holdings Limited (GDS, Financial) saw its stock rise by 2.2% in pre-market trading, reaching $24.58. This increase follows the announcement of new guidelines for national data infrastructure construction by China’s National Development and Reform Commission, along with two other departments.
The guidelines outline the framework for establishing a national data infrastructure by 2029. The plan aims to create a comprehensive, interconnected, and efficient data infrastructure system. This includes developing a collaborative, scalable, and trustworthy data circulation and utilization framework, as well as fostering a robust ecosystem for data infrastructure technology and industry.
These developments are expected to strengthen the operational mechanisms for national data infrastructure, potentially benefiting companies like GDS that are involved in data services and solutions.
GDS Stock Rises as China Unveils National Data Infrastructure Gu NY Times News Today.
Read More Details
Finally We wish PressBee provided you with enough information of ( GDS Stock Rises as China Unveils National Data Infrastructure Gu )
Also on site :
- Israeli embassy worker couple shot dead outside Jewish museum in Washington DC by gunman chanting ‘Free Palestine’
- Suspect in shooting that killed 2 Israeli embassy staffers chanted ‘free, free Palestine’ after arrest: DC police chief
- Mexican cartel turf war forces evacuation of exotic animals