BUZZ-China's ZTO Express rises on solid Q4 results

Reuters03-20

** Hong Kong-listed shares of ZTO Express (Cayman) Inc

rise 6.7% to HK$180, their biggest intraday pct gain since March 4

** Stock hits the highest since March 14, and is biggest pct gainer in Hang Seng Composite Index on industrials

** The Chinese express delivery services provider said its Q4 revenue up 7.6% YoY to 10.6 bln yuan ($1.47 bln), with net income rising 3.8% YoY to 2.2 bln yuan and gross profit up 12.8% YoY to 3.1 bln yuan

** Hong Kong index on industrials slips 0.1%, while Hang Seng Composite Index and Hang Seng Index

each gain 0.2%

** ZTO Express stock up 9.3% YTD

($1 = 7.1991 Chinese yuan)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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