Ray Dalio acquired 826 Thousand ZTO Express (Cayman)- ADR shares worth $16.5 Million. That's 0.09% of their equity portfolio (167th largest holding). The first ZTO Express (Cayman)- ADR trade was made in Q3 2019. Since then Ray Dalio bought shares nine more times and sold shares on eight occasions. The investor's estimated purchase price is $24.5 Million, resulting in a loss of 33%.