China Healthcare_ Riding on China AI Rally
2025-02-19 16:52
更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 16 Feb 2025 15:26:22 ET │ 17 pages China Healthcare Riding on China AI Rally CITI'S TAKE Riding on the DeepSeek-driven technology rally, China online healthcare names have surged YTD. Fundamentally, we expect AI will help improve operating efficiency of online healthcare names. We expect more TP upside ahead with OPM expansion. Compared to US peers trading at 18.0x/13.6x FY25E/26E PS multiples, Chinese healthcare AI stocks are much cheaper, trading at 5.0x/4.2x and 5.4x/4.5x for ...