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Yangzijiang shares up 83% in 2017 as demand for new bulk carriers recovers

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Yangzijiang's advance this year has reversed a 26 per cent decline in 2016, though the stock remains below a 2015 peak.

Singapore

A RECOVERY in demand for new bulk carriers has helped Singapore's worst-performing stock in 2016 become its best this year.

Yangzijiang Shipbuilding Holdings Ltd, which specialises in dry bulk carriers, has rallied 83 per cent in 2017 to lead the benchmark Straits Times

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