Exhibit 15.2

April 29, 2024

To:	GDS Holdings Limited
	F4/F5, Building C, Sunland International,
	No. 999 Zhouhai Road,
	Pudong, Shanghai 200137
	People’s Republic of China

Re: Annual Report on Form 20-F of GDS Holdings Limited

Dear Sirs,

We are qualified lawyers of the People’s Republic of China (the “PRC”, for the purpose of this consent, excluding the Hong Kong Special Administrative Region, Macao Special Administrative Region and the region of Taiwan) and as such are qualified to advise on PRC laws, regulations or rules effective on the date hereof.

We are acting as the PRC counsel to GDS Holdings Limited (the “Company”), a company incorporated under the laws of the Cayman Islands, in connection with the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 (the “2023 Annual Report”).

We consent to the reference to our firm under the headings “Risk Factors — Risks Related to Doing Business in the People’s Republic of China”, “Risk Factors — Risks Related to Our Corporate Structure”, “History and Development of the Company”, and “Organizational Structure” in the Company’s 2023 Annual Report, which will be filed with the Securities and Exchange Commission (the “SEC”). We also consent to the filing with the SEC of this consent letter as an exhibit to the 2023 Annual Report.

In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, or under the Securities Exchange Act of 1934, in each case, as amended, or the regulations promulgated thereunder.

Yours faithfully,

/s/ King & Wood Mallesons

King & Wood Mallesons