【Zhongtong Express Rose Nearly 3% Before The Market, And Third-quarter Revenue Broke 10 Billion, Up 17.6% Year-on-Year】Zhongtong Express (ZTO.US) Rose Nearly 3% To $20.58 In The Premarket. According To The News, Zhongtong Express's Third-quarter Revenue Reached 10.675 Billion Yuan, Up 17.6% Year On Year; Gross Profit Was 3.3348 Billion Yuan, Up 23.2% Year On Year; And Net Profit Was 2.379 Billion Yuan, Up 1.3% Year On Year. The Number Of Packages During The Period Reached 8.723 Billion, An Increase Of 15.9% Year-on-Year. Bank Of America Securities Published A Research Report, Reaffirming The “buy” Rating Of China Express, Pointing Out That It Believes That Zhongtong's Recent Stock Price Is Weak. It Is Believed To Be Due To A Slowdown In The Year-on-Year Growth In Express Delivery Volume Since The Fourth Quarter Of This Year. The Increase In October Was About 11%, But It Has Dropped To About 5% Since November. Management Indicated That This Year's Market Share Has Declined More Than Expected, And There Are Plans To Focus On Regaining Market Share In The Future. Bank Of America Believes That The 2025 Express Price War May Be Inevitable And Will Have A Negative Impact On The Entire Industry, But It Is Expected That China Communications's Unit Profit Will Be Higher Than That Of Its Peers, Which Can Provide A Certain Buffer When Market Competition Becomes Fierce