ZTO Express Shares Fall After Largest U.S. IPO of 2016

The transcript discusses ZTO Express's IPO, its pricing strategy, and investor feedback. It highlights the company's business volume, mainly from Alibaba, and its diversification efforts. The impact of Singles Day on ZTO is explored, along with the growth potential of the Chinese delivery market. The decision to list in the US is explained as part of ZTO's global strategy to enhance brand awareness and reputation.

What was the initial pricing strategy for ZTO Express's IPO?

• Priced within the market range

• Priced below the market range

• Priced at the market average

• Priced above the market range

How does ZTO Express view its relationship with Alibaba?

• Alibaba is not their direct customer

• Alibaba is a minor partner

• Alibaba is their direct customer

• Alibaba owns ZTO Express

What is the significance of Singles Day for ZTO Express?

• It is a day for company meetings

• It has no impact on ZTO

• It is the peak season for business

• It is a minor sales event

What is the expected growth in parcel volume in China by 2020?

• From 20 billion to 30 billion parcels

• From 20 billion to 50 billion parcels

• From 20 billion to 40 billion parcels

• From 20 billion to 60 billion parcels

Which factor is NOT a driver of e-commerce growth in China?

• Decrease in online shopping frequency

• Micro merchant e-commerce

• Switch from offline to online shopping

• Cross-border e-commerce opportunities

Why did ZTO Express choose to list on the US stock exchange?

• To partner exclusively with US companies

• To focus solely on the US market

• To enhance global brand awareness

• To avoid competition in China

What strategic partnership did ZTO Express form to expand globally?

• Partnership with UPS

• Partnership with DHL

• Partnership with USPS

• Partnership with FedEx