---
title: "U.S. Stock Market Movement | Data Industry Expected to Further Develop, GDS Surges Over 5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216768670.md"
description: "On Monday, GDS rose by more than 5%, and as of the time of publication, it had risen by 4.75% to $22.5. In terms of news, recently, the General Office of the CPC Central Committee and the General Office of the State Council issued opinions on accelerating the development and utilization of public data resources, positioning public data as an important basic strategic resource for the country. It mentioned strengthening data service capabilities, enhancing data infrastructure construction, and promoting the transformation of data utilization towards a focus on both sharing aggregation and application service capabilities. With the deepening of market-oriented allocation reforms for data elements, the data industry is expected to see further development"
datetime: "2024-10-14T15:17:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216768670.md)
  - [en](https://longbridge.com/en/news/216768670.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216768670.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216768670.md) | [繁體中文](https://longbridge.com/zh-HK/news/216768670.md)


# U.S. Stock Market Movement | Data Industry Expected to Further Develop, GDS Surges Over 5%

According to the Zhitong Finance and Economics APP, on Monday, GDS.US rose by more than 5%, and as of the time of publication, it had risen by 4.75% to $22.5. In terms of news, recently, the General Office of the CPC Central Committee and the General Office of the State Council issued opinions on accelerating the development and utilization of public data resources, positioning public data as a strategically important national foundational resource. It mentioned strengthening data service capabilities, enhancing data infrastructure construction, and promoting the transformation of data utilization towards a direction that emphasizes both sharing aggregation and application service capabilities. With the deepening of market-oriented allocation reforms of data elements, the data industry is expected to further develop

### Related Stocks

- [GDS Holdings Limited (GDS.US)](https://longbridge.com/en/quote/GDS.US.md)
- [GDS-SW (09698.HK)](https://longbridge.com/en/quote/09698.HK.md)

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