bullish

CHINA: Do You Like AI? BUY Utilities!

David has highlighted this Insight as a Top Pick
923 Views21 Jun 2024 09:09
AI is creating an opportunity to benefit from the surge in power needs of China.  Rapid growth in data centers to power AI will benefit China power utilities which are already showing good momentum.
What is covered in the Full Insight:
  • Introduction
  • AI's Hunger for Power
  • Data Centers Are Booming
  • China Data Center Growth
  • Winners in China's Power Industry
Boomeranged on Wed, 25 Dec 2024 02:47
GDS Holdings announced that is considering an IPO for a REIT of its data center assets in China which could happen next year. The share sale could raise about 1B yuan. Last year China loosened eligibility rules for assets in REITs. GDS recently announced a Series B funding round for its data centers outside of China. Softbank Vision Fund and Citadel's CEO Ken Griffin were among the investors.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 9-minute read)
Discussions
(Paid Plans Only)
chart-bar
x