HK stocks surge | ZTO Express-W (02057) rises by over 5% again. A vicious price war is difficult to sustain in the long term, and express delivery companies have greater flexibility in performance.

ZTO Express-W (02057) rose over 5% again. At the time of publication, it rose 5.73% to HK $155.1, with a turnover of HK $43.9509 million.

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Hong Kong stocks are fluctuating, and ZTO Express-W (02057) rose more than 5% in the morning. The price war is expected to ease in the second half of the year, and the performance of express delivery companies has greater elasticity.

ZTO Express-W (02057) rose more than 5% in early trading. As of the time of publication, it rose 4.09% to HKD 150, with a turnover of HKD 0.123 billion.

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