It's Alibaba's Game Now: "Meh" Is Possible

Founder

Kemp Dolliver, CFA

Cherrystone Hill Research

Equity Bottom-Up

IKang Healthcare Group (ADR) / Equity Bottom-Up

<p>Meinian Onehealth's Chairman, Yu Rong, recently gave an interview (attached) to the SCMP. The highlights are:</p><ol>
<li>He sees consolidation as necessary to avoid price wars (a logical view.) Note that iKang has lured away some Ciming franchisees who apparently were unhappy with the pending acquisition by Meinian.</li>
<li>Meinian would maintain the iKang brand while combining research and data analysis (artificial intelligence mentioned too.)</li>
<li>Meinian, Ciming, and iKang have only a 2.6% share of the health check…</li>
</ol>

Meinian Onehealth's Chairman, Yu Rong, recently gave an interview (attached) to the SCMP. The highlights are:
He sees consolidation as necessary to avoid price wars (a logical view.) Note that iKang has lured away some Ciming franchisees who apparently were unhappy with the pending acquisition by Meinian.
Meinian would maintain the iKang brand while combining research and data analysis (artificial intelligence mentioned too.)
Meinian, Ciming, and iKang have only a 2.6% share of the health check…


IKang Healthcare Group (ADR)

Yu Rong Makes His Case