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?
CCTV interprets a more proactive fiscal policy: next year's fiscal funding will be allocated earlier, faster, and in greater amounts.
Next year, a more proactive fiscal policy will be implemented. What measures will the Ministry of Finance take? Where will the fiscal funds be focused? What impact will this have on our lives?
[Brokerage Focus] China Post Securities indicates that price competition may benefit the healthy development of the Industry, Bullish on the continuous growth of express company Business volume driving revenue scale.
Jinwu Financial News | According to a research report from Zhongyou Securities, all express companies reported their operational data for November, showing that the overall Business volume continues to maintain high growth, although unit prices have declined year-on-year. Leading companies indicated in their third-quarter reports that they would ensure their market share, which may suggest that moderate price competition will continue, potentially benefitting the long-term health of the Industry. The firm remains Bullish on the continued growth of Business volume among express companies, which will drive revenue scale while improving unit profitability through cost reduction and efficiency enhancement. Current valuations for various express companies are at relatively low levels, with a top recommendation for ZTO Express (02057), followed by S.F. Holding (06936), YTO Express Group, STO Express Co.,Ltd., and with attention on Yunda Holding.
Express News | Tianfeng: Aviation looks at expectations, Logistics looks at dividends.
Repurchase summary on December 20 | TENCENT, HSBC Holdings and others have repurchased shares, with TENCENT spending 0.703 billion HKD.
According to a document disclosed by HKEX on December 23, both TENCENT (00700.HK) and HSBC Holdings (00005.HK) have repurchased shares. ① TENCENT (00700.HK) repurchased 1.65 million ordinary shares on December 20, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 428.2 HKD to 414.2 HKD per share. Since the repurchase authorization resolution, the total number of shares repurchased is 0.223 billion shares, accounting for 2.365% of the number of shares issued at the time the ordinary resolution was passed. ② HSBC Holdings (00005.HK)
ZTO EXPRESS-W (02057.HK) spent 19.5683 million USD to repurchase 0.983 million shares on December 20.
Gelonghui, December 23rd丨ZTO EXPRESS-W (02057.HK) announced that on December 20, 2024, it spent 19.5683 million USD to repurchase 0.983 million shares, with a repurchase price of 19.3-20 USD per share.
ZTO Express Announces Share Repurchase Strategy