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Markets

Indian steelmakers and China's COSCO Shipping lead stocks rally

Alibaba and Pinduoduo slip as Asian stocks underperform global peers in first half

The market caps of COSCO Shipping Holdings and Asian steelmakers took noticeable leaps in the first half of 2021. (Source photos by AP and Reuters)
KENTARO IWAMOTO, Nikkei staff writer | Singapore

SINGAPORE -- Asia's traditional trade and commodity stocks made strong gains in the first half of this year as big global economies began to recover from the COVID-19 pandemic, with a Chinese container shipping company leading the way.

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