Core Viewpoint - Zhongtong Express-W (02057.HK) stock price showed strong performance on February 11, 2026, closing at HKD 193.80, marking a new high due to continuous share buybacks, improved industry policy environment, solid fundamentals, and positive market sentiment [1] Group 1: Stock Performance - On February 10, 2026, the company repurchased shares worth approximately USD 15.012 million, with details disclosed the following day. The ongoing share buybacks signal the company's recognition of its own value, helping to support the stock price [2] Group 2: Industry Policy and Environment - Recently, the Ministry of Human Resources and Social Security and six other departments provided administrative guidance on labor for platform companies, including express delivery firms, emphasizing the protection of rights for new employment forms. Such policies are expected to guide the industry from "price competition" to "quality competition," improving overall profit expectations and benefiting leading express delivery companies [3] Group 3: Company Fundamentals - According to institutional analysis, Zhongtong Express maintained growth in business volume in Q3 2025, with strong performance in parcel business. The trend of "anti-involution" has led to improved per-ticket profitability, and market recognition of the optimized competitive landscape and the company's leading position may have driven capital inflow [4] Group 4: Sector Performance - On February 11, the Hong Kong aviation logistics sector saw an overall increase, with the Hang Seng Index also rising, indicating a warm market sentiment that positively influenced individual stocks [5]
中通快递股价创新高，股份回购与行业政策利好成主因