Shenzhen Mindray (.SZ)_ Eyes on 2025 rebound; overseas strong growth to continue
Mistplay·2024-11-03 17:15
A c t i o n | 30 Oct 2024 10:51:56 ET │ 14 pages Shenzhen Mindray (300760.SZ) Eyes on 2025 rebound; overseas strong growth to continue CITI'S TAKE Mgmt guided stimulus arrived in 4Q24 but slower tendering/processes of medical equipment will limit chances of a major sales rebound in 4Q24. Mgmt are more confident on 2025 outlook, given 1) overseas growth momentum likely to continue; 2) domestic growth recovery supported by continuous stimulus. In 2025, emerging businesses such as minimally invasive surgery, a ...