ZTO Express (Cayman) Inc. (NYSE:ZTO), a leading delivery service provider, announced a change in its board composition today. The company’s board of directors has appointed Ms. Di Xu as a new director, effective immediately. This appointment coincides with the resignation of Mr. Xudong Chen, who stepped down from his role as a director on the same day. According to the company’s statement, Mr. Chen’s departure was not the result of any disagreement with ZTO Express. For detailed analysis of ZTO Express and its peers in the logistics sector, InvestingPro offers comprehensive research reports with key metrics and expert insights.
Ms. Di Xu brings a wealth of experience from the investment sector, particularly from her time at Alibaba (NYSE:BABA) Group Holding Limited (NYSE:BABA; HKEx:9988 and 89988), where she has been an investment director since 2017. Alibaba, with a market capitalization of $270.93 billion, has demonstrated strong performance with a 40.69% year-to-date return and maintains a "GREAT" financial health score according to InvestingPro. Additionally, she has held non-executive director positions at Huitongda Network Co., Ltd. (HKEx:9878) since February 2025 and at Red Star Macalline Group Corporation Ltd. (HKEx:1528 and SSE (LON:SSE): 601828) since August 2023. Her previous roles include associate director of investment at CICC ALPHA and investment analyst at International Financial Corporation. Ms. Xu’s academic credentials include a bachelor’s degree in finance from Peking University and an MBA from the Wharton School of the University of Pennsylvania.
The transition in the company’s board is a strategic move as ZTO Express continues to navigate the competitive logistics and transportation industry. The announcement was made through a Form 6-K filing with the United States Securities and Exchange Commission, which serves as the source for this update. The company has not disclosed any further details regarding the reasons for Mr. Chen’s resignation or the specific expectations for Ms. Xu’s new role on the board. For investors seeking deeper insights into ZTO Express’s performance metrics, valuation, and growth prospects, InvestingPro offers exclusive research reports with detailed financial analysis and expert recommendations.
In other recent news, Alibaba Group Holding Limited has been the focus of several analyst reports and company announcements. Barclays has reiterated its Overweight rating on Alibaba with a $180 price target, emphasizing the acceleration of its cloud business, which generates approximately $20 billion in revenue and $2 billion in EBITA annually. Citi maintained a Buy rating with a $169 target, noting Alibaba’s commitment to artificial intelligence (AI) opportunities and technological innovation. Meanwhile, Mizuho Securities raised its price target from $140 to $170, citing confidence in Alibaba’s AI strategy and its potential to drive future revenue growth. The firm also highlighted the anticipated reduction in losses from non-core business segments and increased cloud revenue growth forecasts for fiscal year 2026.
Additionally, Alibaba announced an update on its share repurchase program, indicating ongoing buybacks as part of its strategy to return value to shareholders. The specifics of the repurchase, however, were not disclosed. This move is generally viewed as a sign of confidence in the company’s long-term growth prospects. Investors and analysts continue to closely monitor Alibaba’s strategic initiatives and financial performance as the company capitalizes on opportunities in the cloud and AI markets.
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