Credit Suisse released a research report stating that it maintains a "buy" rating on zto express (02057), expecting the company's adjusted profit for the third quarter to be 2.5 billion RMB, higher than the previous forecast of 2.3 billion RMB. The forecast for annual parcel volume growth has been raised from 15% to 16%, and the target price has been increased from 214 HK dollars to 222 HK dollars.

The report stated that based on recent industry and peer business trends, a slight increase in the third-quarter parcel volume growth forecast for zto express is expected. The forecast has been adjusted from a year-on-year growth of 18% to 19%, with a total parcel volume of 9 billion. The year-on-year growth compared to the second quarter has accelerated due to incentives for franchisees and improvements in the management of key performance indicators for franchisees.