ZTO Express Cayman Inc (ZTO)

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ZTO Express Cayman Inc Profile

ZTO Express Cayman Inc (ZTO.xnys) is a transportation and logistics company headquartered in Shanghai, the People’s Republic of China. ZTO Express mainly focuses on providing fast parcel sorting, line-haul transportation, and other value-added logistics through its nationwide network. The China-based delivery express company covers an international network of countries, including the United States, Britain, Australia, Canada, France, and Russia, while exploring further network coverage expansion options. ZTOEXPRESSCAYMAN employs 22,536 people and has its own channels and package tracking to guarantee delivery security. ZTO Express gets most of its business from leading e-commerce sites in China, such as Alibaba, Pinduoduo, and JD.com. ZTO Express Cayman Inc (ZTO.xnys) is traded on the New York Stock Exchange (NYSE) as a Honk Kong Exchange Index (HKEX) component, has a $25.47B (USD) market cap, 20.4% of Chinese market share, and $3.86B (USD) in 2020 annual revenue. Most recently, ZTOEXPRESSCAYMAN elaborates the ideas to build its own airplane fleet or buy a stake in other airline companies aiming to become a world-leading comprehensive logistical services provider.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 9527

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