Brokers' take
Singapore healthcare | Positive Maybank Kim Eng Research, June 5
Maintain a "positive" sector rating based on three investment themes: asset-light players who are able to consolidate the industry will capture better growth; established players who can replicate success overseas will tap into new growth opportunities; positive structural trends from an ageing population, rising affluence, and increasing prevalence of chronic diseases.
Top sector picks are Singapore Medical Group, Health Management International and Raffles Medical due to their rapid growth, better prospects overseas, and established bases.
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