ZTO shares slump after Alibaba pares stake
Alibaba on Monday pared its stake in logistics firm ZTO Express (Cayman) Inc. (2057.HK; ZTO.US), offloading 25 million American depositary shares (ADS) at $20.02 apiece in a transaction valued at…
ZTO lowers annual parcel volume guidance as industry growth slows
Logistics company ZTO Express (Cayman) Inc. (2057.HK; ZTO.US) reported its revenue rose 22.5% year-over-year to 27.8 billion yuan ($4.12 billion) in the first half of 2026, as its profit rose…
BRIEF: ZTO’s first-quarter profit rises 6.3% on higher pricing and volume
Logistics company ZTO Express (Cayman) Inc. (2057.HK; ZTO.US) announced on Monday that its first-quarter net profit rose 6.28% year-on-year to 2.12 billion yuan ($311 million), supported by continued parcel volume…
BRIEF: ZTO gross profit falls, despite revenue growth
Logistics provider ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) on Wednesday said its revenue last year ranged between 48.5 billion yuan ($699 million) and 50 billion yuan, up 9.5% to 12.9%…
ZTO waits for ebb of ‘race to the bottom’ in struggle to balance revenue, profits
The logistics provider’s profit fell in the first half of 2025 as rising costs and falling prices outweighed growing parcel volume Key Takeaways: ZTO's parcel volume increased 17.7% year-on-year to…
BRIEF: ZTE to raise $500 million through convertible bond issue
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) announced on Tuesday that it plans to issue 3.58 billion yuan ($499 million) worth of zero-coupon, U.S. dollar-settled bonds with the option to…
Growing profits, shrinking market share test ZTO’s strategy
The logistics provider’s market share fell as its parcel volume growth trailed the industry last year, signaling its profit-oriented development strategy was facing headwinds Key Takeaways: ZTO’s parcel volume increased…