First-tier market venture capital investment with the secondary market is similar to the stock, there will be industry or plate rotation, and the time will be longer, may last two or three years. Do business investment needs to be forward-looking, early layout.

Investment in medical services

The number of private hospitals has grown rapidly and has exceeded that of public hospitals, but the overall need to continue to improve the level of medical care and service quality. In the high-end medical services and characteristics of specialist chain, there will be more investment opportunities.

Not only hospitals, but also community clinics, which are opportunities for graded clinics. Gradual treatment policy gradually improved, medical and health institutions division of labor cooperation mechanism is being completed, high-quality medical resources are also effectively sink.

Chronic disease management is also worthy of attention. Cardiovascular and cerebrovascular diseases, diabetes, malignancy and chronic respiratory diseases by the World Health Organization and known as the four slow disease, with the aging process in China to accelerate, slow disease management needs will gradually increase. In this direction, mobile medical platforms can connect doctors and patients, pharmacies and patients through information technology, and this combination of technology-driven and consumer demand will create investment opportunities.

According to experience, I think there is a great opportunity for investment in medical services. The medical service projects can be as high as 50-60 times in the Hong Kong stock market, while the multiple in the A-share market is higher.

Medical and information technology

In the long run, the combination of medical and information technology is the general direction, but there is still a long way to go. Medical and Internet technology, intelligent hardware combination of the direction have been hot, the recent hot direction is in the AI field.

The demand for online inquiry is objective. For example, if someone at home as a doctor, the patient is the first time to call the first consultation, and then according to the situation, choose to buy OTC drugs or go to the hospital for further treatment. In the Internet age, this behavior was moved to the line. Teladoc, the US telemedicine platform, was listed on the NYSE in July 2015 and its share price rebounded, with the current market capitalization of $ 1.8 billion. China's population is larger, medical resources are uneven, demand will be greater. However, the unfavorable factor lies in the doctor's treatment costs are low, start-up companies also need to explore more.

Technology can bring change, the combination of medical and AI is also the trend of the times. In the field of image recognition there have been many medical business projects, the use of technical support for medical treatment, can improve the efficiency and accuracy of diagnosis. In the future, medical screen screening diagnosis may be done by software.

Focus on the field

The future of the health care industry is worthy of attention in the following areas.

Genetic testing in the application of medicine related to reproductive health, cancer diagnosis and treatment, new drug research and medical basic research and many other fields. In particular, after the listing of large genes in the secondary market share price with a new high, to the already fiery gene detection field has added a fire, the recent industry will have several projects to complete large-scale financing. In the short term, the project valuation is generally high. But the long term, this area will be a great development, especially the technology-driven will be more obvious. In combination with the field of medical services, local enterprises have obvious advantages. The future in the field of gene therapy, there is greater investment imagination.

With the returnees returnees and government support efforts continue to increase, innovative drugs in the field of investment opportunities more and more. High-end generic drugs in the field of drug consistency evaluation and drug market license system to boost the system, take the A-share market access to investment opportunities are more.

In the field of medical devices, you can focus on imports of alternative products. Compared to the developed countries than the drug market, the domestic market will have several times the growth of space. Medical devices relative to drugs, it is more prone to short flat investment opportunities.