ZTO Express (ZTO) news

Hong Kong shares of Alibaba down 3%

Alibaba Group (9988.HK) shares fell 2.91% in Hong Kong trading on October 2, 2026, closing at HK$106.8, as part of a broader decline in the city’s tech sector. The Hang Seng Tech Index dropped approximately 2% amid rising U.S. Treasury yields and concerns over inflationary pressures. The 30-year…

Alibaba is said to sell $500 million ZTO shares in block trade

Alibaba Group is reportedly set to sell $500 million worth of shares in ZTO Express through a block trade, according to recent reports. This move comes amid ongoing strategic adjustments within Alibaba’s investment portfolio, particularly in the logistics and e-commerce sectors. The block trade is…

ZTO Express (ZTO) shares fell 8.90% in intraday trading after JPMorgan downgraded the stock from Overweight to Neutral and cut its price target from $29 to $22.

ZTO Express (Cayman) Inc. (NYSE: ZTO) shares declined by 8.90% in intraday trading on September 21, 2026, following a downgrade from JPMorgan, which revised its rating for the stock from Overweight to Neutral and reduced its price target from $29 to $22. The move reflects a more cautious outlook on…

ZTO shares rose 0.16% in after-hours trading following Q2 earnings report

ZTO Express: parcel volume for 2026 expected to increase 6% to 10% y-o-y, representing parcel volume range of 40.8 billion to 42.4 billion

ZTO Express, China’s largest parcel carrier, has outlined expectations for 6% to 10% year-over-year parcel volume growth in 2026, projecting a 40.8 billion to 42.4 billion parcels . This forecast aligns with the company’s continued focus on volume expansion and operational efficiency, as…