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ZTO Express Amends Tender Offer for Convertible Notes

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ZTO Express Amends Tender Offer for Convertible Notes

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ZTO Express (Cayman), Inc. Class A ( (HK:2057) ) just unveiled an announcement.

ZTO Express (Cayman) Inc. announced an amendment to its tender offer statement concerning the 1.50% Convertible Senior Notes due 2027, filed with the U.S. Securities and Exchange Commission. This move highlights the company’s ongoing financial strategies and obligations to its noteholders, potentially impacting its financial positioning and stakeholder relations.

The most recent analyst rating on (HK:2057) stock is a Buy with a HK$181.00 price target. To see the full list of analyst forecasts on ZTO Express (Cayman), Inc. Class A stock, see the HK:2057 Stock Forecast page.

More about ZTO Express (Cayman), Inc. Class A

ZTO Express (Cayman) Inc. is a company incorporated in the Cayman Islands, known for its logistics and express delivery services. It operates under a weighted voting rights structure with its American depositary shares listed on the New York Stock Exchange under the symbol ZTO.

Average Trading Volume: 2,769,999

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$110.7B

Find detailed analytics on 2057 stock on TipRanks’ Stock Analysis page.

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