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 of the shares for ZTO Express during its IPO?

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How did the stock price perform on the first day of trading compared to the initial pricing?

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What factors contributed to the decision to price the shares above the market range?

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What percentage of ZTO Express's parcel volume comes from Alibaba, and how has this changed over the years?

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What preparations does ZTO Express undertake for Singles Day, and why is it significant?

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What is the projected growth of the Chinese express delivery market by 2020?

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Why did ZTO Express choose to list in the US instead of China, and what benefits do they expect from this decision?

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