ZTO EXPRESS-W (02057): Both volume and quality have improved, with Q2 business volume reaching 10.5 billion pieces, a growth of 6.5%, and a market share of 19.9%.

06:46 19/08/2026

In the second quarter of 2026, Zhongtong completed a business volume of 10.5 billion pieces, a year-on-year increase of 6.5%, surpassing the industry average growth rate by 2.3%, with a market share of 19.9%.

On August 19, ZTO EXPRESS-W (02057) announced its Q2 2026 performance. The financial report shows that ZTO achieved a business volume of 10.5 billion items in the second quarter of 2026, a year-on-year increase of 6.5%, exceeding the industry average growth rate of 2.3%, with a market share of 19.9%. The adjusted net profit for Q2 was 3.1 billion yuan, a year-on-year increase of 50.3%; the per-package revenue rose 15.5% year-on-year, while the total sorting and transportation cost per package decreased by 0.02 yuan. Thanks to the guidance of the "anti-involution" policy, the profitability of the express delivery industry is generally improving.

Bank of America: Nvidia and Broadcom have the widest holdings, while Micron and AMD have seen significant increases in positions from actively managed funds.

HK Stock Market Move | ASCLETIS-B (01672) rose nearly 5% in early trading as the company launched a Phase I obesity study in the U.S. for ASC36 oral tablets.

HK Stock Market Move | JNBY (03306) opened over 7% higher, with a year-on-year increase in net profit of 11.7%. A total of HKD 1.81 will be distributed as a final dividend, including a special dividend.

Bank of America: Nvidia and Broadcom have the widest holdings, while Micron and AMD have seen significant increases in positions from actively managed funds.

HK Stock Market Move | ASCLETIS-B (01672) rose nearly 5% in early trading as the company launched a Phase I obesity study in the U.S. for ASC36 oral tablets.