Group 1 - Zhongtong Express-W (02057) saw its stock price increase by 3.41% to HKD 160.80, with a trading volume of HKD 86.08 million as of the report [1] - During the "Double 11" shopping festival from October 20 to November 21, Zhongtong ranked first in comprehensive assessment indicators across various platforms, leading in reverse order volume and timely pickup rates [1] - The company achieved an overall increase of 0.76% in signing and delivery rates through data-driven strategies and end-terminal collaboration [1] - Zhongtong maintained its leading position in "Double 11" business volume for ten consecutive years, with a notable 19.5% year-on-year growth in rural express delivery [1] Group 2 - JPMorgan's report indicates that Zhongtong Express-W will continue to be a preferred stock in the transportation industry over the next 3 to 6 months, raising its target price for H-shares from HKD 187 to HKD 197, maintaining an "Overweight" rating [1] - The target price for Zhongtong Express (ZTO.US) in the US market was also increased from USD 24 to USD 25, with the same "Overweight" rating [1] - Morgan Stanley cited Zhongtong's management comments on anti-involution policies reshaping the competitive landscape, shifting the industry focus from quantity-driven growth to quality and profitability [2] - Zhongtong is benefiting from current industry developments, expanding market share while demonstrating robust profit performance [2]
中通快递-W盘中涨超4% 小摩将目标价由187港元上调至197港元