高盛：互联网和在线健康负面修正周期结束; 重启对健康(买入评级)和京东健康(中性评级)的覆盖

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Goldman Equity Sachs Research 18 June 2024 | 10:09PM HKT Online Health: Reaching end of negative revision cycle Resume coverage on Ali Health (Buy)/JD Health (Neutral) We resume coverage of the China Online Health sector, with a Buy rating on Alibaba Health (ALH) and Neutral rating on JD Health (JDH). After 80% share price correction from peak level in 2021 mostly driven by valuation contraction from terminal value erosion, we believe the sector should expect stabilized valuatio ...