Best Inc's Maiden Quarterly Result & Q4 Guidance Disappoint, Shares -7.4%; Does Data Differentiate?
Summary: Strong Sales Growth, But Still Deep Losses, and Unexciting Q4 GuidanceOn Thursday morning before the market opening in New York, BEST Inc...
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Rate Hike for ZTO? If Most Leading Express Carriers Refuse to Follow, Don't Bet On It
Shares of ZTO climbed almost 15% last week on news that the company and its so-called "network partners" plan to raise shipping rates in November...
383 Views
ZTO's Q2 Operating Margin Improvement Was (Nearly) Unbelievable! Avoid ZTO Until Disclosure Improves
When it reported Q217 (June) results in late August, ZTO Express (ZTO US) managed to beat consensus estimates with the help of some non-operating,...
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Alibaba Takes CaiNiao Stake Up To 51%, CaiNiao Now Valued at US$20bn+; What's New, What's Not
Alibaba Group Holding Ltd (BABA US) announced Tuesday that it would invest 5.3 bn RMB to lift its stake in logistics specialist CaiNiao Network...
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Best Inc Reduces IPO Deal Size, Cuts Pricing, Then Settles for Just US$10 Per ADS
After reducing the size of its offering and slashing the price range for its ADSs on Tuesday morning, Best Inc reportedly priced its shares at just...
389 Views