Indus Capital Partners’s ZTO Express ZTO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-11,600	Closed	-$162K	–	42
2017 Q1	$162K	Sell	11,600 -612,600	-98%	-$8.56M	0.02%	32
2016 Q4	$7.53M	Buy	+624,200	New	+$7.53M	0.98%	23