ZTO Express Inc. (ZTO) shares are soaring 5.01% in Tuesday's trading session, buoyed by a combination of positive analyst sentiment and impressive operational performance. The stock's surge comes on the heels of JPMorgan's bullish stance and the company's strong showing during China's "Double 11" shopping festival.

JPMorgan has reaffirmed ZTO Express as a top pick in the transportation sector, raising its target price for the U.S.-listed shares from $24 to $25 and maintaining an "Overweight" rating. The bank cited management's comments on anti-involution policies reshaping the competitive landscape, shifting the industry's focus from volume-driven growth to quality and profitability. This trend appears to be benefiting ZTO Express significantly, as evidenced by its continued market share expansion and robust profit performance.

Adding to the positive momentum, ZTO Express recently released its 2025 "Double 11" performance report, showcasing balanced growth in both service quality and volume. The company emerged as the only express delivery firm handling over 100 million daily parcels during the promotional period, maintaining its decade-long dominance in parcel volume. Notable improvements were seen in rural market performance, with a 19.5% year-over-year growth in upstream rural parcel volume. The company's operational enhancements, including the addition of new transit centers and the deployment of 3,000 autonomous delivery vehicles, have further strengthened its market position. These developments, coupled with ZTO's industry-leading transportation capabilities and ongoing service upgrades, appear to be fueling investor confidence in the company's prospects for sustained market leadership and high-quality growth.