Expenditureon health accounted for 6.0% of GDP in China, significantly below that in most OECD countries
Consumers are willing to payahuge premium on quality healthcare services
A large amountof private capitals are flowing to the healthcare industry; seven healthcare companies are lining up for IPO in HK
Idlecapacity in low-grade private hospitalsindicate a surplus in healthcare resources and depressesinvestment returns
Investors should focuson the qualityof hospital assets