Ali Health (241.HK) Fast growing e-commerce business with expected synergies from online and offline February 22, 2019 761

PSR Recommendation: NON RATED Status: Maintained
Target Price: HKD-

Investment Summary
-Turing from loss to profit in FY18;
-E-commerce: self-operated business and Tmall platform growing fast;
-Internet healthcare: building Internet hospitals relying on online and offline synergies;
-Medicine tracking: expected stable development with the implementation of regulatory
requirements.

About the author

Profile photo of Eurus Zhou

Eurus Zhou
Phillip Securities (HK)

Graduated from Hong Kong Polytechnic University, Master of Finance (Investment Management). Possess bachelor degree majoring in Financial Management from Southwestern University of Finance and Economics. Focus on industry prospect and corporate fundamentals to explore investment value and cover pharmaceutical and consumer industry.

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