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BABA-W Considering Slashing Stake in ZTO EXPRESS-W: Wire
BABA-W (09988.HK) (BABA.US) is considering reducing its minority stake in ZTO EXPRESS-W (02057.HK) (ZTO.US), Bloomberg reported, citing sources.It is understood that BABA-W has bee...
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BABA-W Considering Slashing Stake in ZTO EXPRESS-W: Wire
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BABA-W (09988.HK)  -4.200 (-3.556%)    Short selling $2.60B; Ratio 11.170%   (BABA.US)      is considering reducing its minority stake in ZTO EXPRESS-W (02057.HK)  -2.100 (-1.496%)    Short selling $49.78M; Ratio 16.903%   (ZTO.US)      , Bloomberg reported, citing sources.

It is understood that BABA-W has been in discussions with investment banks on the sale of bonds convertible into ZTO EXPRESS-W's shares, and these considerations are still in progress.

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BABA-W's and ZTO EXPRESS-W's ADRs fell by 1% and 1.1% respectively overnight (27th).
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-30 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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