Does ZTO Express (Cayman) (NYSE:ZTO) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know
ZTO Express Confirms Share Repurchase Compliance
ZTO Express (02057.HK) spent $2.9006 million to buy back 0.1451 million shares on July 10th.
ZTO Express-W (02057.HK) announced that on July 10, 2024, it spent $2.9006 million to repurchase 0.1451 million shares on the NYSE.
Express News | JPMorgan Chase & Co's Long Position in ZTO Express (Cayman) Increases to 5.36% on July 4 From 4.75% - HKEX
ZTO Express Executes Strategic Share Repurchases
ZTO Express (02057.HK) spent US $3.8269 million to repurchase 0.1915 million shares on July 8th.
ZTO Express-W (02057.HK) announced that on July 8, 2024, it repurchased 0.1915 million shares for a total of $3.8269 million on the NYSE.
US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high
ZTO Express Announces Share Buyback
China Exports, Imports Growth Likely Accelerated in June, WSJ Poll Shows
0613 GMT - China's exports growth likely picked up to 7.8% on year in June from the 7.6% increase seen in May thanks to resilience in global demand, according to a poll of economists by The Wall Stree
Bocom Intl: Express delivery volume in Mainland China increased steadily in May, while unit prices may have declined.
Bocom Intl expects that the mainland express delivery volume will increase by 15% to 151.9 billion items for the whole year, and will continue to maintain a high single-digit to low double-digit growth in the future.
[Brokerage Focus] Bocom Intl expects high to low double-digit growth in future express delivery volumes, but with a downward trend in unit prices.
Jingu Finance | Bocom International said that express delivery volume increased by 24% year-on-year in May, consistent with the growth trend of physical e-commerce. The bank expects the growth rate to drop by 9 percentage points in June, reflecting the impact of shifting promotions, with an annual increase of 15% to 151.9 billion pieces and continued high- to low-double-digit growth in the future. The average price per ticket continues to trend downward, down 12% year-on-year in May, and there will continue to be a limited downward trend in the future, but the magnitude of the decline will be limited due to 1) companies focusing on service quality, business volume, and balanced development, and 2) companies such as ZTO Express and YTO Express laying out single and return packages. In terms of costs, the average transportation and sorting costs per unit are affected by scale effects and automation levels.
ZTO Express (02057.HK) spent 9.5037 million US dollars to repurchase 0.4791 million shares on July 5th.
ZTO Express-W (02057.HK) announced on July 8th that it will spend $9.5037 million to repurchase 0.4791 million shares on July 5th, 2024.
ZTO Express Maintains Stable Share Capital
In June, China's e-commerce logistics index increased to 114.8 points, with an expanded growth of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.
In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.
zto express (02057) serves the south china greater bay area concept's "food basket" program.
Crossing the heartland of China from Northwest to Guangdong, Hong Kong and Macao, Zhongtong Cold Chain's small parcel freight forwarding service allows fresh Qinling mountain vegetables and Ningxia pastoral beef and mutton to reach tables in Guangdong, Hong Kong and Macao.
China's Logistics Sector Growth Slows in June
Growth in China's logistics sector decelerated in June by 0.2 percentage points month on month to 51.6%, according to a report by the China Federation of Logistics and Purchasing released Tuesday.
State Post Bureau: China's express delivery business volume exceeded 80 billion in the first half of the year.
According to the monitoring data of the State Post Bureau, as of June 30th, this year's express business volume in China has reached 80 billion, 59 days earlier than in 2023.
China Federation of Logistics & Purchasing: The total social logistics in the country was 135.3 trillion yuan from January to May, a year-on-year increase of 5.9%.
On June 28th, China Logistics and Purchasing Federation released data on logistics operations from January to May.
Here's Why Investors Should Retain ZTO Express (ZTO) Stock