China Healthcare_ Field trip takeaways_ 3Q likely stabilizing_bottoming; increasingly positive tones on policy direction
standard chartered·2024-10-07 16:08
3 October 2024 | 6:33PM HKT _ China Healthcare Field trip takeaways: 3Q likely stabilizing/bottoming; increasingly positive tones on policy direction We visited 13 healthcare companies within various sub-sectors in Beijing/ Shijiazhuang/ Shanghai/ Changsha on Sep 24-27, 2024, to gauge the recovery and policy roll-out for 2H24. 3Q fundamentals likely bottoming/stabilizing, with some silver linings: during our trip, many companies not yet seen major inflection in 3Q, while expecting no further deterioration, ...