On July 2, ZTO Express-W rose 5.24% in regular trading, reaching HKD 180.8 with turnover of HKD 243 million.

On the news front, the company has maintained an intensive buyback pace. On July 1, ZTO repurchased 217,800 shares at USD 22.69–23.00 per share, spending approximately USD 4.9957 million. A new buyback authorization was approved on June 16 covering up to 76,599,956 shares, and cumulative repurchases since then have exceeded 2.47 million shares. Additionally, in June the company acquired the remaining stake in TuXi Tech for approximately RMB 1.305 billion, reinforcing its last-mile delivery capabilities.

The broader logistics sector showed notable strength on the same day, with J&T Express-W up 5.38%, Sinotrans up 4.19%, and JD Logistics up 2.98%, reflecting a clear sector linkage effect.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)