<p>摩根士丹利在一份报告中表示，GDS-SW (09698.HK) -1.000 (-2.914%) 空头头寸为 2802 万美元；比例为 15.910%。其第一季度业绩远超预期，主要受到超大规模云供应商加速扩张和对高性能人工智能数据中心资源需求激增的推动。净新增预订达到约 200MW，创下单季度最高纪录，全年新增预订有望顺利超过 500MW 的目标。该券商重申了其跑赢大盘的评级，因为强劲的订单积压增强了 2027 年及以后的收入可见性。</p>
<p>该券商将今年和明年的每股收益预测从人民币 0.19 和人民币 0.23 下调至人民币 0.10 和人民币 0.21。预计强劲的预订势头将在 2027 年底开始转化为收益。H 股目标价下调 4% 至 54.6 港元（之前为 57.1 港元）。(su/da)(香港股票报价延迟至少 15 分钟。空头数据截至 2026-05-22 12:25.)</p>

万国数据-SW

万国数据

<p>摩根士丹利已将万国数据-SW 的目标价格从 57.1 港元下调至 54.6 港元，尽管公司盈利前景强劲。该公司第一季度业绩超出预期，受益于对人工智能数据中心资源的需求，创下约 200MW 的记录订单。对今年和明年的每股收益预测已下调至 0.10 元人民币和 0.21 元人民币。该券商维持 “跑赢大盘” 评级，指出 2027 年及以后的强劲收入可见性</p>

<p>M Stanley said in a report that GDS-SW (09698.HK) -1.000 (-2.914%)  Short selling $28.02M; Ratio 15.910%  's 1Q results far exceeded expectations, mainly driven by accelerated expansion by hyperscale cloud vendors and surging demand for high-performance AI data center resources. Net additional bookings reached about 200MW, a record high for a single quarter, and full-year new bookings are likely to exceed the 500MW target smoothly. The broker reiterated its Outperform rating, as the strong backlog has enhanced revenue visibility for 2027 and beyond.</p>
<div class="lb-trans"><p>摩根士丹利在一份报告中表示，GDS-SW (09698.HK) -1.000 (-2.914%) 空头头寸为 2802 万美元；比例为 15.910%。其第一季度业绩远超预期，主要受到超大规模云供应商加速扩张和对高性能人工智能数据中心资源需求激增的推动。净新增预订达到约 200MW，创下单季度最高纪录，全年新增预订有望顺利超过 500MW 的目标。该券商重申了其跑赢大盘的评级，因为强劲的订单积压增强了 2027 年及以后的收入可见性。</p>
</div><p>The broker lowered its EPS forecasts for this year and next year from RMB0.19 and RMB0.23 to RMB0.10 and RMB0.21, respectively. It expects the strong booking momentum to begin translating into earnings from the end of 2027. The H-share TP was cut by 4% to HKD54.6 (previously HKD57.1). (su/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 12:25.)</p>
<div class="lb-trans"><p>该券商将今年和明年的每股收益预测从人民币 0.19 和人民币 0.23 下调至人民币 0.10 和人民币 0.21。预计强劲的预订势头将在 2027 年底开始转化为收益。H 股目标价下调 4% 至 54.6 港元（之前为 57.1 港元）。(su/da)(香港股票报价延迟至少 15 分钟。空头数据截至 2026-05-22 12:25.)</p>
</div>

M Stanley Cuts GDS-SW  TP to HKD54.6; Earnings Outlook Remains Solid

AASTOCKS News

摩根士丹利

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

摩根士丹利将 GDS-SW 的目标价下调至 54.6 港元，但其盈利前景依然稳健