Chindata Group Reports Fiscal Year 2023 Second Quarter and Half Year Unaudited Financial Results
- BEIJING, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced its unaudited financial results for the second quarter and half year 2023 ended June 30, 2023. To supplement the Company's consolidated financial results presented in accordance with U.S. GAAP, Chindata Group uses adjusted EBITDA, adjusted EBITDA margin, adjusted net income, and adjusted net income margin as non-GAAP financial measures, which are described further below.
- 08/31/2023
|
Chindata: All Eyes On Privatization (Rating Upgrade)
- Bain Capital intends to privatize Chindata at an offer price of $8.60 per ADS. CD boasts a potential annualized return of more than +10%, assuming that the privatization transaction is closed by the end of 2023. I raise my rating for CD to a buy, after considering the merits of Chindata as an event-driven or special situations investment.
- 08/28/2023
|
China's New Accounting Rules Will Have A Big Impact On Alibaba And Other U.S. Traded Chinese Companies
- China's updated accounting regulations will classify data resources as intangible assets or inventories, boosting the country's digital economy. The inclusion of data assets on balance sheets offers potential benefits, but will also lead to increased scrutiny from investors.
- 08/25/2023
|
Chindata Group Unveils Pioneering Full-Stack Solutions for Hyperscale Data Centers, Bolstering Energy Efficiency and Computational Prowess in the AIGC Era
- BEIJING , Aug. 23, 2023 /PRNewswire/ -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in emerging Asia-Pacific markets, launched a full-stack solution for data centers, addressing the power and cooling issues of high-computational servers at the Artificial Intelligence Generated Content (AIGC) era. The announcement came at the Data Center New Technology Development Forum during the 2023 China Computational Conference on August 18 in Yinchuan City, China.
- 08/23/2023
|
Chindata Group Enters into Definitive Agreement for "Going Private" Transaction
- BEIJING , Aug. 11, 2023 /PRNewswire/ -- Chindata Group Holdings Limited ("Chindata Group" or the "Company") (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with BCPE Chivalry Bidco Limited ("Parent") and BCPE Chivalry Merger Sub Limited, a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the "Merger"), in a transaction implying an equity value of the Company of approximately US$3.16 billion.
- 08/11/2023
|
Chindata Releases 2022 ESG Report Revealing Above Industry Average PUE of 1.21 with Accelerated Green Transformation
- BEIJING , July 31, 2023 /PRNewswire/ -- Chindata Group, ("Chindata" or the "Company") (Nasdaq: CD), an industry leader in carrier-neutral hyperscale data center solutions, recently released its 2022 Environmental, Social, Governance (ESG) report, showing the Company's impressive achievements in ESG management and green transformation. Most notably, Chindata's annual operating power usage effectiveness (PUE), a standard efficiency metric for power consumption in data centers, reached 1.21, significantly better than the industry average.
- 07/31/2023
|
Chindata Group to Release Second Quarter 2023 Financial Results and Host a Conference Call on August 31, 2023
- BEIJING, July 28, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited second quarter 2023 financial results on Thursday, August 31, 2023, before the market opens. The Company will hold a conference call at 8:00 A.M. on Thursday, August 31, 2023, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 07/28/2023
|
Chindata Group Receives Non-Binding “Take Private” Proposal
- BEIJING, July 13, 2023 (GLOBE NEWSWIRE) — Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee of its board of directors received a preliminary non-binding proposal letter from China Merchants Capital Holdings (International) Limited (“CMC”), […]...
- 07/13/2023
|
Chindata Group Receives Non-Binding “Take Private” Proposal from CMC
- BEIJING, July 13, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the special committee of its board of directors received a preliminary non-binding proposal letter from China Merchants Capital Holdings (International) Limited (“CMC”), to acquire all of the outstanding shares of the Company for US$4.6 per ordinary share (or US$9.2 per ADS) in cash.
- 07/13/2023
|
2 Reddit Stocks to Buy and Hold for Years
- Artificial intelligence has finally become powerful enough to matter. C3.ai is poised to deliver on its potential.
- 06/30/2023
|
Why Chindata Group Holdings Stock Rocketed 11% Higher Today
- A buyout proposal has been floated. A major shareholder is offering to take the company private at a nearly 30% premium to its closing price Tuesday.
- 06/07/2023
|
Why Chindata Group Holdings Stock Soared 20% Higher This Week
- The Chinese specialty tech company crushed its inaugural set of 2023 earnings. It also managed to grow both its top and bottom lines robustly.
- 06/02/2023
|
Red Hat Introduces Red Hat Trusted Software Supply Chain
- BOSTON – RED HAT SUMMIT--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced Red Hat Trusted Software Supply Chain, a solution that enhances resilience to software supply chain vulnerabilities. As part of this solution, two new cloud services, Red Hat Trusted Application Pipeline and Red Hat Trusted Content, are joining in preview mode the existing Red Hat software and cloud services, including Quay and Advanced Cluster Security (ACS), to advance the successful adoption of DevSecOps practices, and embed security into the software development lifecycle. With Red Hat Trusted Software Supply Chain, customers can more quickly and efficiently code, build and monitor their software using proven platforms, trusted content and real-time security scanning and remediation. The solution builds on Red Hat’s 30+ years of customer and industry trust, earned by consistently delivering hardened open source solutions that make it easier for enterprises to accelerate hybrid cloud adoption while still retaining an effective IT security posture. Red Hat Trusted Software Supply Chain With 75% of application code bases now consisting of open source code, these components are under greater scrutiny, especially as software supply chain attacks have soared 742% since 2020. Customers seek to integrate guardrails into their software supply chain and development life cycles to accelerate innovation without compromising security. The software and services delivered as part of Red Hat Trusted Software Supply Chain enhance an organization’s resilience to vulnerabilities across the modern software development lifecycle. Red Hat Trusted Content builds on a foundation of security-enhanced systems software, with thousands of trusted packages in Red Hat Enterprise Linux alone and a catalog of critical application runtimes across Java, Node, and Python ecosystems. The service provides customers with enterprise-hardened trusted content and knowledge about the open-source packages in customer applications. The basis for Red Hat Trusted Application Pipeline comes from Red Hat’s foundational work in the creation, launch and maintenance of sigstore, which provides a freely-available standard for cloud-native secure signing, as well as providing critical pieces of shared security infrastructure to many upstream communities. Trusted Application Pipeline offers a security-forward Continuous Integration/Continuous Delivery (CI/CD) service that simplifies the adoption of the processes, technologies and expertise that Red Hat uses to build production software. Bridging software innovation with source code security Available as a service preview in the coming weeks, Red Hat Trusted Content will provide developers with real-time knowledge of known vulnerabilities and security risks within their open source software dependencies. The service will also suggest available remediations to minimize risks, helping to reduce development time and cost. Red Hat Trusted Content provides access to Red Hat-built and -curated open source software content, with provenance and attestation, using Red Hat's internal best practices. Once an application is in production, the service proactively monitors and alerts users of known new and emerging risks in their open source dependencies, allowing for quicker remediation of emerging threats. Red Hat Trusted Application Pipeline, available as a service preview today, helps customers enhance the security of application software supply chains with an integrated CI/CD pipeline. Applications can be more effectively built and more easily integrated into Linux containers and then deployed onto Red Hat OpenShift or other Kubernetes platforms with just a few clicks. Previously, this was frequently a highly-manual process, with hundreds of lines of automation code required for building, testing and deploying containerized applications. This manual process introduces the potential for friction and human error, adding new risk points and slowing overall velocity. With Red Hat Trusted Application Pipeline, Red Hat customers can: Import git repositories and configure container-native continuous build, test, and deployment pipelines via a cloud service in just a few steps; Inspect source code and transitive dependencies; Auto-generate Software Bills of Materials (SBOM) within builds; and Verify and promote container images via a release criteria policy engine that helps confirm consistency with industry frameworks like Supply chain Levels for Software Artifacts (SLSA). Availability To learn more about Red Hat Trusted Software Supply Chain and associated cloud services or to sign up for the service preview, visit red.ht/trusted. Supporting Quotes Sarwar Raza, vice president and general manager, Cloud Services, Red Hat “IT organizations can no longer be concerned solely with creating production applications. They also need to enhance the security of the components that actually make up the final product. Verifying the provenance of open source components, along with continually scanning both the code moving through delivery pipelines and the delivery pipelines themselves, along with enforcing robust development and delivery practices, can be a significant challenge for CIOs. Red Hat Trusted Software Supply Chain is designed to remedy these needs by codifying Red Hat’s decades of experience in open source software supply chains into easily-integrated and easily-consumed services, helping to not only build trust around production applications but also bring them to market more quickly.” Al Gillen, group vice president, Development and Open Source, IDC “Supply chain security is one of the most important priorities facing enterprise IT organizations today, especially as more and more business-critical systems and applications incorporate or leverage open source artifacts. Red Hat Trusted Software Supply Chain Security builds on top of Red Hat’s longstanding internal supply chain pipelines and processes, and is a major step forward for the industry when it comes to building secure modern applications. Equally important, this product opens up Red Hat’s solution set to the developer community beyond the existing Red Hat ecosystem, meaning every modern application developer – not just RHEL developers – can benefit from this solution.” Red Hat Summit To watch the Red Hat Summit keynotes virtually, tune in at the following times. The livestream will be available on RedHat's Twitter, LinkedIn, and YouTube accounts. Choose your viewing preference and hear the latest from Red Hat executives, customers, and partners. May 23 at 9 a.m. ET Innovation doesn’t rely on your IT budget (LinkedIn | YouTube) May 23 at 1 p.m. ET The automation moment — and beyond (LinkedIn | YouTube) May 24 at 9 a.m. ET Optimize to innovate at scale (LinkedIn | YouTube) Catch up on select event highlights and explore a collection of additional new online sessions for free on the Red Hat Summit virtual content hub. Additional Resources Read a technical blog post about Red Hat Trusted Application Pipeline and Red Hat Trusted Content Learn more about Red Hat Trusted Software Supply Chain Learn more about Red Hat Summit Visit the Red Hat Summit 2023 newsroom For event-specific updates, follow @RedHatSummit or #RHSummit on Twitter For the latest news and announcements, follow Red Hat on Twitter and LinkedIn Connect with Red Hat Learn more about Red Hat Get more news in the Red Hat newsroom Read the Red Hat blog Follow Red Hat on Twitter Follow Red Hat on Instagram Watch Red Hat videos on YouTube Follow Red Hat on LinkedIn About Red Hat, Inc. Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Red Hat, Red Hat Enterprise Linux, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.
- 05/23/2023
|
Red Hat Unveils Red Hat Developer Hub to Help Fuel Developer Productivity
- BOSTON – RED HAT SUMMIT--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced Red Hat Developer Hub, an enterprise-grade, unified and open portal designed to streamline the development process through a supported and opinionated framework. Crafted from the open source project Backstage, the Red Hat Developer Hub platform provides the necessary curated tools and resources developers need to create higher-quality applications, maximizing existing skills and accelerating velocity while reducing friction and cognitive overload. A more consistent enterprise developer experience Internal developer platforms have emerged as a key solution in navigating the sprawl that DevOps teams often face. These platforms help increase developer productivity while reducing the volume of optional tools and information that must be sifted through to deliver production code. According to industry analyst firm, IDC, “60% of organizations looking to scale DevOps will adopt an internal developer platform to provide infrastructure, deployment pipelines, and other internal services to enable developer self-service by 2025.”1 While the need is clear, building and maintaining an internal developer portal remains complex. This is especially true at the scale of modern enterprises, with heterogeneous tools, ever-changing security needs, and compliance requirements that vary across industries and regions. As the first standalone enterprise-grade offering based on Backstage, Red Hat Developer Hub intends to deliver improved developer experiences across environments, including Kubernetes and container application platforms such as Red Hat OpenShift. The Red Hat Developer Hub aims to mitigate the challenges inherent to delivering and maintaining developer portals with: A single pane of glass to view all available developer tools and resources to increase productivity; Self-service capabilities, along with guardrails, for cloud-native application development that complies with enterprise-wide best practices; and Proper security and governance for all developers across the enterprise. Red Hat Developer Hub also helps to limit choice paralysis by enabling a developer experience that offers a clear, straightforward set of approved and curated tools, languages and other developer resources in a self-managed and supported portal. This experience helps to further maximize application velocity and code quality without sacrificing innovation. Additionally, Red Hat Developer Hub includes a set of pre-defined, pre-architected and supported templates for accelerating application development. These Golden Path templates simplify the process of getting applications into production more quickly and securely without cutting crucial workflow steps. Red Hat Plug-ins for Backstage Red Hat has also developed Red Hat Plug-ins for Backstage, a bundle of six plug-ins that integrate various key systems into Backstage, helping to extend the project’s functionality. The plug-ins can be used across all Backstage installations, providing even more flexibility for developers across platforms and Kubernetes distributions and include: Application Topology for Kubernetes, which enables developers to visualize real-time status of application and infrastructure workloads deployed to any Kubernetes target, including Red Hat OpenShift, with greater consistency. Multicluster View with Open Cluster Manager (OCM), which provides a view into clusters from Open Cluster Manager’s MulticlusterHub and Multicluster Engine in Backstage. Container Image Registry for Quay, which improves the integration and speed of interactions with Quay registries by providing a view into container image details. This includes security vulnerabilities (CVEs) associated with deployed images. Pipelines with Tekton, which gives users a view into the details of all Tekton pipeline runs and their respective status across all services. Authentication and Authorization with Keycloak, which enables platform engineers to load users and groups from Keycloak into Backstage GitOps with Argo CD, which helps track the health and status of the Argo CD status for services within Backstage. Red Hat plans to continue to enhance the Red Hat Developer Hub platform with additional plug-ins to support a broader set of tools and systems in future releases. Availability The Red Hat Backstage Plug-ins are generally available in the second half of this year with the Developer Preview of Red Hat Developer Hub. For a view into the platform and to test drive features today, interested users can access Red Hat’s upstream project. Supporting Quotes Mithun Dhar, vice president and general manager, Developer Tools and Programs, Red Hat “Organizations need to scale software development and delivery and have little time to do so. Developed from the upstream framework, Backstage, and open source project Janus, Red Hat Developer Hub is an open portal that takes the best tools, templates, and plug-ins and creates a streamlined environment that novice and seasoned developers alike will benefit from. A unified platform not only leads to greater productivity, but also fosters internal collaboration, creating a culture of innovation that allows developers to thrive.” Al Gillen, group VP, Software Development and Open Source, IDC “The high demand for software development, further expanded by the pandemic, has put substantial stress on developers that already were in short supply. With the additional fact that organizations typically spend a substantial portion of resources (often as much as two-thirds of time and money) on maintaining existing solutions, it becomes obvious why the industry must move to add artificial intelligence, automation, and discoverability to development activities, including the time consuming but critical activity of modernizing existing applications. Red Hat Developer Hub, based on the OSS project Backstage, streamlines and centralizes key technologies for developers, enabling them to focus on delivering quality applications at speed. Given the affinity that developers have for OSS projects, it is not surprising that developers are embracing these new OSS developer tools.” Red Hat Summit To watch the Red Hat Summit keynotes virtually, tune in at the following times. The livestream will be available on RedHat's Twitter, LinkedIn, and YouTube accounts. Choose your viewing preference and hear the latest from Red Hat executives, customers, and partners. May 23 at 9 a.m. ET Innovation doesn’t rely on your IT budget (LinkedIn | YouTube) May 23 at 1 p.m. ET The automation moment — and beyond (LinkedIn | YouTube) May 24 at 9 a.m. ET Optimize to innovate at scale (LinkedIn | YouTube) Catch up on select event highlights and explore a collection of additional new online sessions for free on the Red Hat Summit virtual content hub. Additional Resources Discover Red Hat’s commitment to the Backstage.io community Learn more about Internal Developer Portals Explore the Red Hat Developer community Learn more about Red Hat Summit Visit the Red Hat Summit 2023 newsroom For event-specific updates, follow @RedHatSummit or #RHSummit on Twitter For the latest news and announcements, follow Red Hat on Twitter and LinkedIn Connect with Red Hat Learn more about Red Hat Get more news in the Red Hat newsroom Read the Red Hat blog Follow Red Hat on Twitter Follow Red Hat on Instagram Watch Red Hat videos on YouTube Follow Red Hat on LinkedIn About Red Hat, Inc. Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. ### Red Hat, the Red Hat logo, and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. 1 Source: IDC FutureScape: Worldwide Developer and DevOps 2023 Predictions, Oct. 2022, Doc # US48597522
- 05/23/2023
|
Chindata Group to Release First Quarter 2023 Financial Results and Host a Conference Call on May 31, 2023
- BEIJING, May 08, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited first quarter 2023 financial results on Wednesday, May 31, 2023, before the market opens. The Company will hold a conference call at 8:00 A.M. on Wednesday, May 31, 2023, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 05/08/2023
|
Chindata: Spotlight On 2023 Guidance, Potential Corporate Actions (Downgrade)
- Chindata Group Holdings Limited's fiscal 2023 financial guidance implying operating margin compression and a moderation in top line growth was disappointing. It appears to be less probable for CD to receive a privatization or buyout offer in the near term, based on a review of its peers' recent developments.
- 04/17/2023
|
Chindata Group Announces Time Change for Fourth Quarter 2022 Conference Call
- BEIJING, March 08, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it has modified the start time for its fourth quarter 2022 conference call on March 15, 2023. The call will now begin one hour earlier at 7:00 A.M. Eastern Time, or 7:00 P.M. Beijing time on the same day.
- 03/08/2023
|
Chindata Group to Release Fourth Quarter and Full Year 2022 Financial Results and Host a Conference Call on March 15, 2023
- BEIJING, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited fourth quarter and full year 2022 financial results on Wednesday, March 15, 2023, before the market opens. The Company will hold a conference call at 8:00 A.M. on Wednesday, March 15, 2023, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 02/24/2023
|
Here's Why Momentum in Chindata Group Holdings Limited Sponsored ADR (CD) Should Keep going
- Chindata Group Holdings Limited Sponsored ADR (CD) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
- 02/17/2023
|
Can Chindata Group Holdings Limited Sponsored ADR (CD) Climb 45.53% to Reach the Level Wall Street Analysts Expect?
- The average of price targets set by Wall Street analysts indicates a potential upside of 45.5% in Chindata Group Holdings Limited Sponsored ADR (CD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 01/24/2023
|
Chindata Group: Positive On Revised Guidance And Potential Privatization
- Chindata has revised the company's full-year 2022 management guidance upwards, after delivering above-expectations results for Q3 2022. Recent news reports and CD's valuation derating in the past year make it more likely that the company could be privatized in time to come.
- 11/23/2022
|
Chindata Group Holdings Limited (CD) Q3 2022 Earnings Call Transcript
- Chindata Group Holdings Limited (NASDAQ:CD ) Q3 2022 Results Conference Call November 22, 2022 7:00 AM ET Company Participants Don Zhou - Investor Relations Huapeng Wu - CEO Nick Wang - CFO Zoe Zhuang - Finance VP Joy Zhang - General Counsel Conference Call Participants Yang Liu - Morgan Stanley Tina Hou - Goldman Sachs Mingran Li - CICC Edison Lee - Jefferies Operator Good morning and good evening, ladies and gentlemen. Thank you for joining, and welcome to Chindata Group Holdings Limited Third Quarter 2022 Earnings Conference Call.
- 11/22/2022
|
Chindata Group to Release Third Quarter 2022 Financial Results and Host a Conference Call on November 22, 2022
- BEIJING, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited third quarter 2022 financial results on Tuesday, November 22, 2022, before the market opens. The Company will hold a conference call at 7:00 A.M. on Tuesday, November 22, 2022, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 10/27/2022
|
Is Chindata (CD) Stock Outpacing Its Business Services Peers This Year?
- Here is how Chindata Group Holdings Limited Sponsored ADR (CD) and International Money Express (IMXI) have performed compared to their sector so far this year.
- 10/03/2022
|
Is Chindata (CD) Outperforming Other Business Services Stocks This Year?
- Here is how Chindata Group Holdings Limited Sponsored ADR (CD) and International Money Express (IMXI) have performed compared to their sector so far this year.
- 09/15/2022
|
Has Chindata (CD) Outpaced Other Business Services Stocks This Year?
- Here is how Chindata Group Holdings Limited Sponsored ADR (CD) and International Money Express (IMXI) have performed compared to their sector so far this year.
- 08/30/2022
|
Why Chindata Stock Topped the Market on Thursday
- Investors pushed up the company's stock after digesting its latest earnings release.
- 08/25/2022
|
Chindata Group Holdings Limited (CD) Q2 2022 Earnings Call Transcript
- Chindata Group Holdings Limited (NASDAQ:CD ) Q2 2022 Earnings Conference Call August 25, 2022 8:00 AM ET Company Participants Don Zhou – Investor Relations Nick Wang – Chief Financial Officer Zoe Zhuang – Vice President-Finance Huapeng Wu – Chief Executive Officer Joy Zhang – General Counsel Conference Call Participants Yang Liu – Morgan Stanley Tina Hou – Goldman Sachs Mingran Li – CICC Sara Wang – UBS Edison Lee – Jefferies Albert Hung – JPMorgan Operator Good morning and good evening, ladies and gentlemen. Thank you and welcome to Chindata Group Holdings Limited Second Quarter 2022 Earnings Conference Call.
- 08/25/2022
|
Chindata Group Holdings Limited (CD) CEO Huapeng Wu on Q1 2022 Results - Earnings Call Transcript
- Chindata Group Holdings Limited (NASDAQ:CD ) Q1 2022 Earnings Conference Call May 26, 2022 8:00 AM ET Company Participants Don Zhou - Investor Relations Huapeng Wu - Chief Executive Officer Nick Wang - Chief Financial Officer Zoe Zhuang - Finance Vice President Conference Call Participants Yang Liu - Morgan Stanley Tina Hou - Goldman Sachs Hongjie Li - CICC Sara Wang - UBS Harry Zhuang - DBS Bank Hong Kong Kaifang Jia - CITIC Securities Operator Good morning and good evening, ladies and gentlemen. Thank you and welcome to Chindata Group Holdings Limited First Quarter 2022 Earnings Conference Call.
- 05/26/2022
|
Why China's Small-Cap Stocks Like Kingsoft and Joyy Are Soaring Today
- China's State Council stopped this week's sell-off by saying all the right words, though there's no guarantee it can take all the right actions.
- 03/16/2022
|
Chindata Group Holdings Limited's (CD) CEO Huapeng Wu on Q4 2021 Results - Earnings Call Transcript
- Chindata Group Holdings Limited's (CD) CEO Huapeng Wu on Q4 2021 Results - Earnings Call Transcript
- 03/10/2022
|
Chindata Group to Release Fourth Quarter and Full Year 2021 Financial Results and Host a Conference Call on March 10, 2022
- BEIJING, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited fourth quarter and full year 2021 financial results on Thursday, March 10, 2022, before the market opens. The Company will hold a conference call at 7:00 A.M. on Thursday, March 10, 2022, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 02/22/2022
|
Chindata Charts Life After Founder, But Uncertainty Keeps Investors at Bay
- Key takeaways: • Chindata said it has agreed with its founder Ju Jing on terms of his departure, including a substantial reduction of his super-voting shares
- 01/19/2022
|
These 5 Loser Stocks of 2021 Could be Big Winners in 2022
- The momentum in the equity markets is expected to stay on firm-footing in 2022. DQ, PINS, SRPT, YY and CD have a chance to outperform next year.
- 12/21/2021
|
Why Chindata Group Holdings Stock Tanked 30% on Friday
- The Asian data center company announced that its CEO would be stepping down.
- 12/03/2021
|
Chindata Group Holdings Limited's (CD) CEO Jing Ju on Q3 2021 Results - Earnings Call Transcript
- Chindata Group Holdings Limited's (CD) CEO Jing Ju on Q3 2021 Results - Earnings Call Transcript
- 11/24/2021
|
Chindata Group Holdings: Q3 Earnings Insights
- Chindata Group Holdings (NASDAQ:CD) reported its Q3 earnings results on Wednesday, November 24, 2021 at 06:00 AM. Here's what investors need to know about the announcement.
- 11/24/2021
|
Chindata Group Holdings's Earnings Outlook
- Chindata Group Holdings (NASDAQ:CD) is set to give its latest quarterly earnings report on Wednesday, 2021-11-24. Here's what investors need to know before the announcement.
- 11/23/2021
|
Chindata Group to Release Third Quarter 2021 Financial Results and Host a Conference Call on November 24, 2021
- BEIJING, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited third quarter 2021 financial results on Wednesday, November 24, 2021, before the market opens. The Company will hold a conference call at 7:00 A.M. on Wednesday, November 24, 2021, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 11/04/2021
|
Chindata Group (CD) Sees Hammer Chart Pattern: Time to Buy?
- Chindata Group (CD) has been struggling lately, but the selling pressure may be coming to an end soon.
- 09/28/2021
|
Chindata Group Joins RE100, Committing to 100% Renewable Power in Its Global Data Centers by 2040
- BEIJING, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Marking the first anniversary of China's pledge to hit peak emissions by 2030 and carbon neutrality by 2060, Chindata Group, a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, is officially joining the RE100 initiative on 22 September 2021. The company also announces its 2040 carbon neutral goals, wherein all of its next-generation hyperscale data centers around the globe will be powered by 100% renewable energy solutions by 2040.
- 09/22/2021
|
Chindata Group Participates in China's First Green Power Transaction
- BEIJING, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it has recently participated in China's first nationwide green power transaction, and completed a procurement of 100 million kilowatt-hours (kWh). Such volume represents around 1.26% of the overall transaction and is expected to directly reduce greenhouse gas emissions by approximately 94,000 tons of carbon dioxide equivalent. According to public data, a total of 259 domestic Chinese entities participated in this green power transaction, with a total transaction volume of 7.935 billion kWh.
- 09/16/2021
|
Chindata Group Joins United Nations Global Compact, Becoming Its First Digital Infrastructure Corporate Participant in Asia Pacific
- BEIJING, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Chindata Group announces that it has become the first digital infrastructure corporate participant of the United Nations Global Compact in Asia Pacific on the sixth year of the establishment of the United Nations Sustainable Development Goals (SDGs). Through its involvement, Chindata Group will work with other members to promote a shared global vision, including delivering on the United Nations' SDGs.
- 09/08/2021
|
Chindata Group Holdings Limited (CD) CEO Jing Ju on Q2 2021 Results - Earnings Call Transcript
- Chindata Group Holdings Limited (CD) CEO Jing Ju on Q2 2021 Results - Earnings Call Transcript
- 08/26/2021
|
CD Stock: Over 6% Increase Pre-Market Explanation
- The stock price of Chindata Group (Nasdaq: CD) increased over 6% pre-market. This is why it happened.
- 08/26/2021
|
Chindata Group Records Q2 Net Profit of RMB65 million, Underlining Ongoing Profitability and Strong Development Capabilities
- BEIJING, Aug. 26, 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced its financial results for the second quarter of this year ended June 30, 2021. The Company posted a second quarter revenue of RMB686 million (US$106 million), up 64% year over year, and a quarterly net profit of RMB65 million (US$10 million), reflecting continued profitability and growth from the previous quarter.
- 08/26/2021
|
Chindata Group Reports Second Quarter 2021 Unaudited Financial Results
- Recent Financial and Operating Highlights
- 08/26/2021
|
Chindata Group to Release Second Quarter 2021 Financial Results and Host a Conference Call on August 26, 2021
- BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited second quarter 2021 financial results on Thursday, August 26, 2021, before the market opens. The Company will hold a conference call at 8:00 A.M. on Thursday, August 26, 2021, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 08/06/2021
|
Chinese stocks are being battered by regulation from Beijing. Here are the 10 that have seen the steepest declines in 2021.
- The iShares MSCI China ETF has fallen 16% year-to-date and is down 30% from its peak in February, while the S&P 500 is up about 15% in 2021.
- 07/28/2021
|
Chindata Group Signs China's First Super Energy Complex Project to Develop a Zero-Carbon Digital Infrastructure Industry Chain
- DATONG, China, June 30, 2021 (GLOBE NEWSWIRE) -- Chindata Group (NASDAQ: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, signed a strategic agreement on a zero-carbon digital infrastructure project with Datong municipal government.
- 06/30/2021
|
Chindata Group, Tencent Partner For Cleaner Cloud Computing Infrastructure
- Datacenter solution provider Chindata Group Holdings (NASDAQ: CD) collaborated with Tencent Holdings Ltd (OTC: TCEHY) to expand the cloud computing infrastructure industry to accomplish China's carbon-neutral target. They will develop Datong Smart City, Datong Industrial Internet, Smart Cultural Tourism, Smart Medical, and other projects in the first phase.
- 06/23/2021
|
Chindata Group in Strategic Agreement with Tencent for Digital Infrastructure Industry
- BEIJING, June 23, 2021 (GLOBE NEWSWIRE) -- Chindata Group (NASDAQ: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, entered into a strategic agreement with Tencent for expanding the cloud computing infrastructure industry towards China's carbon neutral target. The two parties will give full play to their advantages and resources, carry out in-depth cooperation in smart industry projects, and collaborate in the cloud computing infrastructure.
- 06/23/2021
|
Avoid Exposure to These Toxic Stocks to Prevent Losses
- Toxic stocks are burdened with huge debt loads and are vulnerable to external shocks. Investors who can pinpoint the toxic stocks and discard them at the right time are likely to gain.
- 06/14/2021
|
Super Energy Complex: First-of-its-kind solution for the zero-carbon data centers in China
- BEIJING, June 11, 2021 (GLOBE NEWSWIRE) -- How to take action on carbon neutrality was discussed during the 2021 China Entrepreneurs Forum. Panelists shared their opinions on their solution to energy transition and carbon emission reduction. Alex Ju, Founder and CEO of Chindata Group, a leading hyperscale data center solution provider in emerging markets, delivered his “Super Energy Complex” proposal by establishing new energy scenarios with data centers as the driver in the fields such as municipal heating, new energy vehicle charging, cold chain logistics, ecological agriculture, and snow sports.
- 06/11/2021
|
How To Build A REIT Portfolio From The Ground Up
- How To Build A REIT Portfolio From The Ground Up
- 05/25/2021
|
Chindata Group Holdings Limited (CD) CEO Jing Ju on Q1 2021 Results - Earnings Call Transcript
- Chindata Group Holdings Limited (CD) CEO Jing Ju on Q1 2021 Results - Earnings Call Transcript
- 05/20/2021
|
Chindata Group Reports First Quarter 2021 Unaudited Financial Results
- Recent Financial and Operating Highlights
- 05/20/2021
|
Chindata Group's Taihang Mountain Campus Tops China's Carbon Neutral Data Center Awards
- BEIJING, May 14, 2021 (GLOBE NEWSWIRE) -- Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area, provided by Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, has won first prize of Carbon Neutral Data Centers initiated by the China Academy of Information and Communications Technology (CAICT), the Press Center of the Ministry of Industry and Information Technology (MIIT) and Open Data Center Committee (ODCC).
- 05/14/2021
|
Chindata Group to Release First Quarter 2021 Financial Results and Host a Conference Call on May 20, 2021 U.S. Eastern Time
- BEIJING, May 08, 2021 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited first quarter 2021 financial results on Thursday, May 20, 2021, before the market opens. The Company will hold a conference call at 8:00 A.M. on Thursday, May 20, 2021, U.S. Eastern Time, or 8:00 P.M. Beijing time on the same day to discuss the financial results.
- 05/07/2021
|
Chindata Group tops Greenpeace renewable energy rankings in China's tech industry
- BEIJING, April 23, 2021 /PRNewswire/ -- Chindata Group (NASDAQ: CD), the only carrier-neutral digital infrastructure platform in the Asia-Pacific region, once again scored first (85 out of 100) in the latest clean energy rankings among the China's tech industry with a perfect score (40 out of 40) on renewable energy performance. The annual renewable energy use in Chindata Group's owned data centers reached 505 million kilowatts-hours in 2020, accounting for fifty-one percent of its total power consumption.
- 04/23/2021
|
Chindata Group Celebrates Earth Day with its Carbon Neutrality Commitment
- BEIJING, April 21, 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, has released its latest sustainability video titled Achieving Carbon Neutrality, Action with a view to celebrating the 51th anniversary of Earth Day. On the key track of carbon neutrality, Chindata Group will constantly focus on the key goals, through continuous innovation, unyieldingly pursue the ultimate green solutions to digital infrastructure challenges and create a new economic geographic coordinate in the new cycle of change.
- 04/21/2021
|
Chindata Group Accelerates its Strategic Footprint in the RCEP-related Region for Advancing Belt and Road Initiative Cooperation
- BEIJING, April 20, 2021 /PRNewswire/ -- The 2021 Boao Forum for Asia(BFA) kicked off in Boao, a coastal resort in South China's Hainan Province on April 20th, with the theme of "A World in Change: Join Hands to Strengthen Global Governance and Advance Belt and Road Initiative (BRI) Cooperation". It has also been the first international forum comprising mostly offline conferences this year.
- 04/20/2021
|
Indonesian Ambassador, Founder and CEO of Chindata Group Meet over Boao Forum
- BOAO, China, April 20, 2021 /PRNewswire/ -- Alex Ju, Founder and CEO of Chindata Group (Nasdaq:CD) was invited to meet with Mr. Djauhari Oratmangun, Ambassador of the Republic of Indonesia to the People's Republic on April 19th.
- 04/20/2021
|
Chindata Group Releases 2020 Environmental, Social and Governance (ESG) Report
- BEIJING, April 2 , 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, has released its second annual Environmental, Social and Governance (ESG) Report today, which highlights the company's 2020 ESG results towards its 2030 carbon-neutrality goal and digital-inclusiveness vision. With the theme of "Inspiring with Power", the Report includes a detailed roadmap for carbon neutrality, demonstrating Chindata Group's sustainability and digital prosperity values.
- 04/02/2021
|
Chindata Group Holdings Limited (CD) CEO Alex Ju on Q4 2020 Results - Earnings Call Transcript
- Chindata Group Holdings Limited (CD) CEO Alex Ju on Q4 2020 Results - Earnings Call Transcript
- 03/25/2021
|
Chindata Group Records Sixth Consecutive Quarter of Positive Adjusted Net Income in Q4, totaling Adjusted Net Income of RMB174.9 million in 2020
- BEIJING, March 25, 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Due to the competitiveness of its business model, the Company has maintained strong profitability and efficient fund utilization.
- 03/25/2021
|
Chindata Group Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
- Fourth quarter and Full Year Financial and Operating Highlights
- 03/24/2021
|
Chindata Group to Release Fourth Quarter and Full Year 2020 Financial Results on March 24, 2021 and Host a Conference Call on March 25, 2021
- BEIJING, March 01, 2021 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited fourth quarter and full year 2020 financial results on Wednesday, March 24, 2021, after the market closes. The Company will hold a conference call at 8:30 A.M. on Thursday, March 25, 2021, U.S. Eastern Time, or 8:30 P.M. Beijing time on the same day to discuss the financial results.
- 03/01/2021
|
Chindata Group establishes subsidiary, Chinpower, to a greener hyperscale data center industry
- BEIJING, Feb. 3, 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets announced that it is officially establishing Chinpower as its business subsidiary to develop a brand-new energy solution...
- 02/03/2021
|
Chindata Group establishes subsidiary, Chindustry, to create more value for digital leaders
- BEIJING, Feb. 2, 2021 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets announced that it is officially establishing Chindustry as its business group to create more value for its customers as...
- 02/02/2021
|
Chindata Group releases 2030 carbon neutral roadmap
- BEIJING, Jan. 14, 2021 /PRNewswire/ -- In December 2020, Chindata Group(Nasdaq: CD) unveiled its roadmap to be carbon neutral for all its next-generation hyperscale data centers in China with its 100% renewable energy solution by 2030, 30 years sooner than China's 2060 carbon neutral...
- 01/14/2021
|
Chindata Group breaks ground for its first high-end equipment manufacturing industrial base
- BEIJING, Dec. 18, 2020 /PRNewswire/ -- Chindata Group has broken ground for the construction of its first high-end equipment manufacturing industrial base in Hebei Province, China, which will cover the research & development, design and manufacturing of prefabricated modules, flexible...
- 12/18/2020
|
Chindata Group publishes its first financial report short video after IPO
- BEIJING, Nov. 20, 2020 /PRNewswire/ -- Chindata Group (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today published its first financial report short video after IPO. View original content to download...
- 11/20/2020
|
Chindata Group to Release Third Quarter 2020 Financial Results on November 18, 2020 and Host a Conference Call on November 19, 2020
- BEIJING, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that it plans to release its unaudited third quarter 2020 financial results on Wednesday, November 18, 2020, after the market closes. The Company will hold a conference call at 7:30 A.M. on Thursday, November 19, 2020, U.S. Eastern Time, or 8:30 P.M. Beijing time on the same day to discuss the financial results.
- 11/10/2020
|
Chindata Group opens Asia's largest single hyperscale data center in Shanxi
- Leading hyperscale data center solution provider in emerging Asia-Pacific markets launches an online video to take a virtual tour inside the data center The largest single hyperscale data center in Asia, with an IT capacity of 50 megawatts, located in Datong, North China's Shanxi...
- 11/06/2020
|
U.S. IPO Weekly Recap: IPO Launches And Filings Abound In The Post-Labor Day Frenzy
- One IPO and nine SPACs went public this past week. Thirteen IPOs and eleven SPACs submitted initial filings as the IPO market gears up for a busy September.
- 09/13/2020
|
