Primer: Yunda Holding (002120 CH) - Aug 2026
Yunda Holding is a major player in China's highly concentrated express delivery market, which is fundamentally driven by the country's robust...
89 Views
Alibaba's CaiNiao Takes Stake in Robovan Maker ZelosTech | Who Is ZelosTech, Why Does Deal Matter?
Last week came news that Alibaba's logistics arm, CaiNiao, had taken a minority stake in autonomous "robovan" maker ZelosTech. In this insight we...
289 Views
Chinese Express Firms All Saw H1 OPM% Fall -- Except SF Hldg | Pair Trade: LONG SF Vs SHORT ZTO, J&T
SF Holding's unique position within China's eComm fulfillment space allowed it to successfully defend against the margin pressures that afflicted...
485 Views
Q424 ZTO Express Results & FY25 Guidance: Revenue Growth & Margin Better, But OpCF Shrinking; AVOID
ZTO's revenue momentum and core margin improved in Q424, but at the cost of deteriorating Cash Flow. We view the strong recent growth of "key...
568 Views
Quick Take on J&T Global Express Q324: Volume Growth in All Segments Slowed Dramatically
Last week J&T Global Express reported a sharp slowdown in average daily parcel volume in all of its operating segments. We think the numbers...
634 Views