GDS Holdings Limited (GDS, Financial) experienced a significant rise of over 5% in its stock price, reaching $22.5. This surge comes following recent announcements from China's central government offices regarding the acceleration of public data resource development and utilization.
The newly released opinions emphasize positioning public data as a critical foundational strategic resource for the nation. Key points include enhancing data service capabilities and infrastructure, as well as shifting data utilization towards a balance of sharing, aggregation, and application service capabilities.
This move is expected to drive further development within the data industry, aligning with the ongoing market-oriented reform of data element allocation.
