Recently back from an Asia road trip, I'm tipping a Chinese healthcare stock for our Asia Pacific readers. Travelling in Asia, it is hard not to be impressed by the sheer size and dynamism of the region's economy, including its booming healthcare industry.
Leaders in the Asian healthcare market, which have become well-established and are responsibly managed, are able to tap into the massive amount of spending in both public and private healthcare systems. There is now also an increasing amount of technological innovation going on, refreshingly outside the expensive US healthcare system.
This week I'm tipping a Chinese healthcare equipment developer which was set up back in 1995. Its shares have climbed 23% in the last 12 months on the Shenzhen stock exchange. Given its growth and its market cap, I feel it would be a good candidate for an HKSE listing as well.
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