Data centre firm GDS's figures don’t stack up: short seller

Temasek-backed GDS is taking advantage of blind euphoria over data centres' growth prospects, Blue Orca says. GDS hits back. Whether the claims are true or not investors should take a more critical look at serial capital-raisers using lofty valuations to make acquisitions.

Alison Tudor-Ackroyd

August 01, 2018

Activist investment fund Blue Orca Capital says Nasdaq-listed developer and operator of data centres, GDS Holdings, is another Chinese company whose financial accounts do not add up.

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