Cruise operators, convenience stores and cosmetics makers seen as good stock picks as China ages

Singapore

CHINA may be at risk of getting old before it gets rich, but investors can still get rich from China getting old.

And it's not just about buying healthcare stocks. Cruise operators, convenience stores and cosmetics makers are emerging as sectors that stand to benefit from the demographic consequences of the communist leadership's now-abandoned one-child policy.

China's latest population plan estimates that about a quarter of the country's population will be 60 years old or older by 2030. This is a new phenomenon for the country, said Tuan Huynh, Deutsche Bank Wealth Management's Singapore-based Asia-Paci…