10 Best Performing Chinese Stocks So Far in 2025

4. GDS Holdings Limited (NASDAQ:GDS)

No. of Hedge Fund Holders: 32

YTD Returns: 82.87%

GDS Holdings Limited (NASDAQ:GDS) is engaged in the development and operations of data centers, providing services including colocation, managed hosting, and cloud services to internet firms, telecom carriers, financial institutions, IT service providers, and large enterprises.

GDS Holdings Limited (NASDAQ:GDS) has gained from the AI momentum among the Chinese tech giants followed by DeepSeek’s smart AI model. On February 14, Citi analyst Louis Tsang raised the price target on GDS shares from $25.1 to $51.2, keeping a Buy rating on the shares. The analyst cited the growing AI data center-related spending from China cloud service providers as a major catalyst for companies like GDS. Tsang sees the AI capex up-cycle as in the early stage and GDS Holdings Ltd. will benefit from rising overseas data center deployment from “domestic giants.”

GDS Holdings Limited is not yet profitable but has tremendous potential because of the size of its potential market, technological innovation, and the AI trade.