Number One Reason Why This Healthcare Market Will Grow
You do not want to miss out on this growth market!
A mega-trend in healthcare is developing in China.
Investing now could set you up for explosive gains just like Cannabis stocks a few years ago or Electric Vehicles over the past year. It can be as easy as one click.
If you own stocks or are thinking of buying more, this is an opportunity you can not afford to miss.
China is taking the world by the storm with incredible growth and innovation in industries such as technology and healthcare. As China transitions towards advanced health care (like rich Western Countries) over the next 3 to 5 years the growth prospects could be exceptional.
The growth is a simple matter of numbers. In 2018, China spent $850 billion on healthcare (about $600 per person). Meanwhile, the U.S. spent $3.6 trillion (about $11,000 per person).
Chinese total health care spending would double the U.S. if they spent just half per person as is spent in the U.S.
This tells you how large the Chinese healthcare sector could be. It is currently growing rapidly and experts believe they will top $2 trillion in spending by 2030.
There is a simple way to take advantage of this mega-trend.
Simply buy and hold the KraneShares MSCI All China Health Care Index Fund (KURE).
With a single click you will own a broad basket of companies who will benefit as Chinese consumers increase their health care spending.
Invest for innovation, invest for increased demand, invest for spectacular gains. Check it out today.
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
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People getting older is always a good bet.
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My thoughts exactly right here.
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I will have to look it up, but I wonder how that compares with the overall market. Chinese stocks were hammered for the longest time yet their market did turn around.
As for the point about healthcare, it is something that is an interesting situation. I presume the government takes care of most of it. They have a lot of people and a population that is aging at a pace faster than most developed nations. With 300 million people on the coast, they are the likely ones to get health services. Unfortunately, much of the country is stuck in a time warp, at least economically. I wouldnt believe they are able to contribute much but I could be wrong.
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China has a growing middle class that will be hundreds of millions of people. Theses individuals will increasingly spend money like developed countries. Health care is always a major beneficary.
I am sure the government will also subsidize adding additonal reaources to these companies.
This is not to say the move will be straight up or corrections will not happen... all markets ebb and flow.