ZTO Express (Cayman), Inc. Class A (2057) Gets a Buy From Jefferies
Putting half of his wealth into Chinese concept stocks, 'The Big Short prototype' Michael Burry made a profit this time.
As of June 30th, stocks of Alibaba, baidu, and jd.com together account for about 46% of Burry's entire investment portfolio. Billionaire investor David Tepper previously stated that now is the time to 'buy everything', as Chinese stocks still have a lot of upside potential.
Furui: Maintains a "buy" rating on zto express, with the target price raised to HK$222.
Credit Suisse released a research report stating that it maintains a "buy" rating on zto express-W (02057), expecting the company's third-quarter adjusted profit to be 2.5 billion yuan, higher than the previous forecast of 2.3 billion yuan. The full-year parcel volume growth forecast has been raised from 15% to 16%, with the target price increased from 214 Hong Kong dollars to 222 Hong Kong dollars. The report mentioned that based on recent industry trends and peer business trends, there has been a slight upward adjustment in the third-quarter parcel volume growth forecast for zto express. The forecast has been revised from a year-on-year increase of 18% to 19%, with a total parcel volume of 9 billion. The year-on-year growth in comparison to the second quarter has accelerated due to incentives for franchise operators and enhancements to the franchise.
Furui: Maintains a "buy" rating on zto express-W (02057) with a target price raised to 222 Hong Kong dollars.
Futu expects zto express -W (02057) to have a third-quarter adjusted profit of 2.5 billion yuan.
Dah Sing raises zto express (02057.HK) target price to 222 yuan, slightly adjusting third-quarter parcel volume growth forecast.
Based on recent industry and peer business trends, Furui slightly raised the third-quarter parcel volume growth forecast for zto express (ZTO.US) (02057.HK). The forecast has been adjusted from an 18% annual growth to 19%, with a total parcel volume of 9 billion. The year-on-year growth rate compared to the second quarter has accelerated due to incentives for franchisees and improvements in the management of key performance indicators for franchisees. The bank expects the average freight rate to decrease by about 2% annually, benefiting from fleet operations and resource utilization improvements, with transportation and sorting costs per order per parcel expected to decrease by about 3 Chinese yuan. The bank expects the company's third-quarter adjusted profit to be 2.5 billion Chinese yuan.
Global stock markets welcome the 'most call morning of the year,' as Goldman Sachs fund flow experts exclaim that this 'china trade' is different from the past.
Goldman Sachs expert Rubner mentioned that FOMO is starting to appear locally in China; in the past 48 hours, he conducted more China-related Zoom calls than all related meetings within this year; short-term traders in Goldman Sachs PB business have been buying Chinese stocks for eight consecutive days, with the net buying amount of Chinese stocks in PB business this Tuesday reaching the second highest level in ten years, almost entirely from long positions.
Express News | The People's Bank of China: We need to speed up the introduction of financial increment policy measures files, and implement and implement each policy measure one by one.
Express News | The Central Financial Office and the China Securities Regulatory Commission jointly issued the "Guiding Opinions on Promoting the Entry of Medium to Long-term Funds into the Market".
Buy Rating Affirmed for ZTO Express on Strong Financials and Strategic Market Positioning
Hong Kong stock concept tracking | Express industry peak season may raise prices, leading enterprises operating at full capacity (with concept stocks)
Express sector welcomes a dual bullish outlook of 'price increase + peak season'.
Morgan Stanley Maintains ZTO Express(ZTO.US) With Buy Rating, Maintains Target Price $27.7
Unusual Options Activity: AVTR, DG and Others Attract Market Bets, AVTR V/OI Ratio Reaches 200.0
EST Sep 25th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Shares of US-listed Chinese Companies Are Trading Lower Amid a Possible Selloff Following Yesterday's Strength After China's Central Bank Announced a New Stimulus Package.
Huafu Securities: The express delivery industry is gradually entering the peak season, and it continues to be optimistic about the marginal recovery of franchise express delivery in 2024.
The industry's cumulative volume has exceeded one hundred billion pieces, with a narrowing decline in ASP.
Chinese concept stocks soared nearly 50% this month, consumer and technology stocks have already quietly started! How long can this round of market trend last?
Looking at the performance ranking of Chinese concept stocks in the middle of this month, the optional consumer, internet plus-related, and brokerage sectors have been rising for multiple days in a row, with the highest increase close to fifty percent. Among American stock investors, there are even "smart money" making precise layouts, what signal does this convey?
Last night, Goldman Sachs' phone lines were jammed! Goldman Sachs answered the five most important questions from customers regarding the explosion of assets in China.
Goldman Sachs indicated that their buy volume in Hong Kong stocks and A-shares is 1.87 times, with buying mainly concentrated in Hong Kong.
The Top Quant-rated China Stocks by Seeking Alpha
dongxing Securities Express August data review: single ticket income decline narrows, price war in the second half of the year is expected to ease.
In August, the total business volume of express service enterprises nationwide was 14.383 billion pieces, a year-on-year increase of 19.4%, with a growth rate lower than the 22.2% in August.
Citic Lyon: Chinese express delivery industry profit margin improvement, peak season may see price hikes.
CICC Leasing expects to see significant price increases for express delivery operators in some regions during this year's peak season.
ZTO Express (02057): From January to August, the volume of rural inbound shipments increased by over 43% compared to the same period last year.
Between January and August, zto express transported over 9.3 billion packages to rural areas.