GDS Holdings Limited (NASDAQ:GDS) successfully completed the China REIT IPO on the Shanghai Stock Exchange, with overwhelming demand leading to early closure. Institutional investors oversubscribed by 166 times, while retail investors oversubscribed by 456 times. The C-REIT is set to begin trading under the fund code 508060 in early August.

GDS Holdings Limited (NASDAQ:GDS) is a tech company specializing in high-performance data centers in China, offering colocation services for IT equipment. The company has developed and operates these data centers, providing space, power, racks, and cooling for various IT infrastructure needs.

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Read more at Yahoo Finance: GDS Holdings Limited (GDS) Announced Successful Completion of the China REIT IPO