HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Over 15 years' experience in both finance and healthcare, covering clinic operations, investment and equity research in both China and overseas.

JD Health (6618.HK) - Opportunities Coexist with Challenges

Industry Report - Insights on China Digital Healthcare Industry

Livzon Pharmaceutical (000513.CH) - A Good Company that You Can't Afford Missing

2021 High Conviction - Investment Opportunities in China Healthcare Industry

Aier Eye Hospital(300015.CH) - The Largest Ophthalmic Chain in China with Promising Growth Potential

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Thematic (Sector/Industry)

China Healthcare equipment and services / Thematic (Sector/Industry)

<p style="text-align: justify;">With the deepening of medical reform and the continuous promotion of medical insurance fee control policies such as the consistency evaluation and volume-based purchase policy, the process of prescription outflow is accelerated. The decline in in-hospital drug sales has been accompanied by a shift in sales channels to out-of-hospital market, such as the retail pharmacies. Besides, with the improvement of public healthcare demand and the increase of commercial insurance coverage, there is a growing demand for various kinds of drugs. It is expected that retail pharmacies will become a necessary and indispensable trend.</p>

With the deepening of medical reform and the continuous promotion of medical insurance fee control policies such as the consistency evaluation and volume-based purchase policy, the process of prescription outflow is accelerated. The decline in in-hospital drug sales has been accompanied by a shift in sales channels to out-of-hospital market, such as the retail pharmacies. Besides, with the improvement of public healthcare demand and the increase of commercial insurance coverage, there is a growing demand for various kinds of drugs. It is expected that retail pharmacies will become a necessary and indispensable trend.

Yixintang Pharmaceutical Group (002727 CH)

DaShenLin Pharmaceutical Group (603233 CH)

Industry Report - Investment Opportunity in China Retail Pharmacy Market