China's 'overinvested' healthcare sector ripe for consolidation post COVID: Qiming

China's 'overinvested' healthcare sector ripe for consolidation post COVID: Qiming

Photo: Pixabay

Chinese healthcare and biotech firms are ripe for consolidation due to a sharp decline in valuations after the COVID-19 pandemic spurred over-investments in the sector, a leading local venture capitalist said.

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