Yangzijiang Shipbuilding has emerged as the best performing stock on Singapore’s Straits Times Index (STI) for the year-to-date.
It shares are up 45% since the start of the year and represent a remarkable turnaround for the shares which were the worst performer in 2016.
The Chinese shipbuilder has been buoyed by improving sentiment in the dry cargo sector and a return to newbuilding orders in the bulker sector.
