ZTO Express HK shares gain on solid results, buyback plan

ZTO Express (Cayman)

18/03/2026 03:36

** HK shares of ZTO Express 2057.HK gain 6.5% to HK$194.7; set for biggest one-day pct gain since August 1, 2025

** Stock hits highest since February 25

** Chinese express delivery group's Q4 net income rises 10.1% y/y; revenue up 12.3% y/y

** FY net income climbs 3.9% y/y, FY revenue up 10.9% y/y

** Board approves new share repurchase programme of up to $1.5 bln over next 24 months through March 2028

** YTD, HK stock up 18.4%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))