ZTO Express Announces Share Repurchase Strategy
U.S. stocks moved丨ZTO Express fell more than 2.5% in pre-market trading after being downgraded in target price and earnings forecast by CICC.
Gelonghui, December 20 | ZTO Express (ZTO.US) fell 2.59% pre-market, reaching $19.21. According to reports, CICC released a research report indicating that ZTO Express's revenue in the third quarter was 10.675 billion yuan, an 18% year-on-year increase, gross profit was 3.335 billion yuan, a 23% year-on-year increase, and non-GAAP net profit was 2.387 billion yuan, a 2% year-on-year increase, in line with expectations. Considering potential changes in the competitive landscape next year, the firm lowered its earnings forecast for ZTO Express in 2025 by 9% to 10.791 billion yuan, maintaining an 'outperform industry' rating, and reducing the Target Price by 7% to $25.7. (Gelonghui)
Express News | ZTO Express established a supply chain management company in Yiwu with a registered capital of 0.25 billion.
On December 19, ZTO EXPRESS-W (02057.HK) spent 19.6019 million USD to repurchase 0.983 million shares.
Glory Exchange, December 20 - ZTO EXPRESS-W (02057.HK) announced that on December 19, 2024, it spent 19.6019 million USD to repurchase 0.983 million shares, with a repurchase price of 19.6-20 USD per share.
Share repurchase collection on December 19 | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion HKD.
According to the documents disclosed by HKEX on December 20, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.72 million ordinary shares on December 19, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 421.8 HKD to 401.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities is 0.221 billion shares, accounting for 2.347% of the number of shares issued when the ordinary resolution was passed. ② AIA (01299.HK)
On December 18, ZTO EXPRESS-W (02057.HK) spent $19.6172 million to repurchase 0.983 million shares.
Glory Exchange reported on December 19 that ZTO EXPRESS-W (02057.HK) announced that on December 18, 2024, it spent 19.6172 million USD to repurchase 0.983 million shares at a price of 19.77-20 USD per share.
December 18 repurchase collection | TENCENT, ANTA SPORTS and others have repurchased, among which TENCENT spent 0.703 billion Hong Kong dollars.
According to a document disclosed by HKEX on December 19, TENCENT (00700.HK), ANTA SPORTS (02020.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.73 million ordinary shares on December 18, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 406 HKD to 405.2 HKD per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased has been 0.219 billion shares, accounting for 2.329% of the number of shares issued at the time of the ordinary resolution's approval. ② ANTA SPORTS (02020.HK) repurchased 1
J.P. Morgan Maintains ZTO Express(ZTO.US) With Buy Rating, Cuts Target Price to $25
J.P. Morgan Initiates ZTO Express(ZTO.US) With Buy Rating, Announces Target Price $25
Express News | Dongbei Securities: ZTE is seizing new opportunities brought by AI large models and maintains a "Buy" rating.
ZTO EXPRESS-W (02057.HK) spent 12.2367 million USD to repurchase 0.6132 million on December 17.
Glory Supply announced on December 18 that ZTO EXPRESS-W (02057.HK) will spend 12.2367 million USD to buy back 0.6132 million shares on December 17, 2024, with a repurchase price of 19.69-20 USD per share.
Stock buyback summary on December 17 | TENCENT, AIA and others have conducted buybacks, among which TENCENT spent 0.703 billion HKD.
According to a document disclosed by the HKEX on December 18, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.74 million ordinary shares on December 17, involving an amount of 0.703 billion HKD, with a repurchase price ranging from 407 HKD to 401.8 HKD per share. Since the approval of the repurchase authorization resolution, the cumulative number of securities repurchased is 0.218 billion shares, accounting for 2.311% of the number of shares issued at the time of the ordinary resolution.
Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
U.S. stock market closing | All three major indexes fell, with the Dow experiencing nine consecutive declines; Tesla rose over 3% to reach new highs, and Quantum Computing concept stocks surged again, with QUBT skyrocketing over 51%.
The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.
On December 16, ZTO EXPRESS-W (02057) spent 19.0925 million USD to repurchase 0.983 million shares.
ZTO EXPRESS-W (02057) issued an announcement, announcing that on December 16, 2024, it will invest 19.0925 million US dollars...
ZTO EXPRESS-W (02057.HK) spent 19.0925 million USD to repurchase 0.9829 million shares on December 16.
Gelonghui December 17丨ZTO EXPRESS-W (02057.HK) announced that on December 16, 2024, it spent 19.0925 million USD to repurchase 0.9829 million shares, with the repurchase price ranging from 19.22 to 19.6 USD per share.
ZTO Express Announces Strategic Share Repurchase
December 13 repurchase collection | TENCENT, AIA and others have repurchased shares, among which TENCENT spent 0.703 billion Hong Kong dollars.
According to the documents disclosed by the HKEX on December 16, TENCENT (00700.HK), AIA (01299.HK), and others have repurchased shares. ① TENCENT (00700.HK) repurchased 1.71 million ordinary shares on December 13, involving an amount of 0.703 billion HKD, with the repurchase price ranging from 414.6 HKD to 408.6 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased is 0.214 billion shares, accounting for 2.274% of the number of shares issued at the time the ordinary resolution was passed. ② AIA (01299.HK)
On December 13, ZTO EXPRESS-W (02057.HK) spent 18.7221 million USD to repurchase 0.9729 million shares.
On December 16, Gelonghui announced that ZTO EXPRESS-W (02057.HK) repurchased 0.9729 million shares for a total cost of 18.7221 million USD on December 13, 2024, with a repurchase price ranging from 19.11 to 19.3 USD per share.
U.S. stocks are moving丨ZTO Express rose over 1% in pre-market trading. The average monthly volume of express deliveries in our country reached 14 billion items.
Gelonghui, December 13 | ZTO Express (ZTO.US) pre-market rose 1.63%, reported at 19.33 USD. In terms of news, this year, China's express delivery market has continued to develop rapidly, with an average monthly business volume reaching 14 billion pieces. Currently, China has entered a new stage where the annual express delivery business volume exceeds 100 billion pieces and business revenue exceeds 1 trillion yuan, having built the world's most accessible, inclusive, largest scale, and the most beneficiaries delivery service network. (Gelonghui)