ZTO Express (02057.HK): Last year, the completed Business volume reached 34 billion pieces, an increase of 12.6% year-on-year.
ZTO EXPRESS-W (02057.HK) announced that yesterday (on the 9th) it held a national network work conference at its headquarters in Shanghai. The company's Chairman, Lai Meisong, stated that last year ZTO completed a business volume of 34 billion pieces, a year-on-year growth of 12.6%, maintaining the industry's number one business scale for nine consecutive years. The company is also accelerating the development of differentiated service capabilities, steadily promoting high-quality development, and further enhancing the quality and efficiency of its Operation. (js/w)~
ZTO Express Outlines Strategic Focus for 2025 at National Conference
ZTO EXPRESS-W (02057.HK) holds the 2025 National Network Work Conference.
On January 9, according to Glonghui, ZTO EXPRESS-W (02057.HK) announced that on January 9, 2025, the company, a leading and rapidly growing express delivery company in China, will hold a national network work conference at its headquarters in Shanghai. The conference will convey and study the spirit of the State Post Bureau's 2025 National Postal Management Work Conference, summarize and review the various works of 2024, analyze the situation, and deploy key tasks for 2025. Chairman Lai Meisong, in an important speech titled "Service First, Practicality is Key, Development is the Hard Truth," pointed out that in 2024, ZTO adhered to its consistent balanced development strategy, completing a business volume of 34 billion.
Express News | The margin financing balance is at a high level, with financing funds favoring three major Industries.
Express News | In 2024, the express delivery volume in China will exceed 170 billion pieces.
Last year, the average Logistics Indices of China's e-commerce rose to 113.7 points, reaching a nearly seven-year high.
The China Logistics and Purchasing Federation and JD.com jointly released the 2024 China E-commerce Logistics Indices, showing that the average value of the China E-commerce Logistics Indices in 2024 is 113.7 points, an increase of 3.6 points compared to 2023, setting a new high in nearly seven years. This marks a continuous expansion of the mainland e-commerce logistics market scale, significantly improved supply capacity and service levels, and a noticeable enhancement in market activity. Looking ahead to 2025, with the ongoing promotion of policies and continuous market development, it is expected that the mainland e-commerce logistics industry will continue to maintain steady growth. From the overall Logistics industry perspective, the demand for social logistics in the mainland is expected to be boosted, and logistics running will remain warm.
China Logistics and Purchasing Federation: The e-commerce logistics Index for December 2024 is 112.7 points, a decrease of 2.8 points compared to the previous month.
The overall Logistics Business volume Index of e-commerce has somewhat decreased. In December, the overall Logistics Business volume Index for e-commerce was 130.9 points, a drop of 3.2 points from the previous month.
After the USD dropped over 1%, it rebounded, and Trump denied the report of "tariff reduction."
Reports indicate that a tariff plan studied by Trump’s aides will target all countries but only cover key imported commodities, yet Trump denied on Social Media that the tariff policy would be reduced.
Express News | Trump: Reports regarding the imposition of general tariffs on key imported Commodities are inaccurate.
ZTO Express Reports No Change in Share Capital for December 2024
ZTO Express (Cayman) (NYSE:ZTO) Is Doing The Right Things To Multiply Its Share Price
Goldman Sachs has updated the leading Indicators (ERLI) and compiled a list of Buy recommendations for Hong Kong stocks (table).
Goldman Sachs published the January Asia-Pacific strategy report, listing the latest Buy stocks (only Hong Kong stocks) based on the Earnings Revision Leading Indicator (ERLI): China Construction Bank (00939.HK), AIA (01299.HK), Hong Kong Stock Exchange (00388.HK), Ping An Insurance (02318.HK), Techtronic Industries (00669.HK), CKH HOLDINGS (00001.HK), China Life (02628.HK), BOC HONG KONG (02388.HK), ZTO Express.
Research Reports: CITIC Securities gives ZTO Express a Target Price of $25.70 and suggests focusing on its long-term investment value.
China International Capital Corporation stated in a report that the demand in the express delivery industry will maintain high growth in the fourth quarter of 2024. The firm believes that under the new strategy, ZTO Express is expected to return to the path of market share expansion, giving it a Target Price of $25.70. Considering the trends of parcel light-weighting, the development of live e-commerce, and the increase in return rates, it is anticipated that the express delivery industry's volume will continue to maintain double-digit growth through 2025. Looking ahead to 2025, as the company previously stated in the third-quarter earnings meeting that "leading in business volume is the cornerstone of our business," the firm believes that the company will change its conservative strategy on market share competition in 2024 to achieve greater than industry volume growth.
Here's Why You Should Give ZTO Express Stock a Miss Now
Here's Why ZTO Express (Cayman) Inc. (ZTO) Is a Strong Momentum Stock
Bullish news is here! The central bank and the securities regulatory commission jointly announced that the second swap convenience will be operated starting today, with an expected operation amount of no less than 50 billion yuan.
It is understood that 20 securities and Fund companies participated in the first operation, and the second operation will add more securities and Fund companies as well as five leading Insurance Institutions, with an expected second operation volume of no less than 50 billion yuan.
Comprehensive list of preferred Hong Kong stocks from Brokerage (Goldman Sachs, Morgan Stanley) for the outlook.
Goldman Sachs released the Asia-Pacific strategy report in early December, listing the latest Buy stocks (only Hong Kong stocks) according to the Earnings Revisions Leading Indicators (ERLI) criteria: AIA (01299.HK), China Construction Bank (00939.HK), Hong Kong Exchanges and Clearing (00388.HK), Ping An Insurance (02318.HK), Techtronic Industries (00669.HK), China Life Insurance (02628.HK), CKH HOLDINGS (00001.HK), BOC HONG KONG (02388.HK), ZTO Express (02057.HK), MTR Corporation (00066.HK), Postal Savings Bank Of China (01658.
Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
Express News | Dongxing: The price war in the express delivery industry has entered a new phase, and the performance differentiation may become more pronounced.
Will Weakness in ZTO Express (Cayman) Inc.'s (NYSE:ZTO) Stock Prove Temporary Given Strong Fundamentals?