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Meituan and lead Asian stock markets' recovery

40% of big caps surpass pre-COVID value as third quarter ends

Chinese food delivery provider Meituan's market cap rose more than 140% to $183 billion, backed by strong growth in orders amid the coronavirus pandemic. (Source photos by AP)

SINGAPORE -- Investors have returned to Asian stock markets to seek post-pandemic opportunities as some of the region's economies start to recover, propelling Chinese internet names Meituan Dianping and to the biggest gains among big-cap shares this year.

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