Shanghai Pharmaceuticals Holding Co Ltd Class H

02607: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$44.10	Hfxldc	Yxmqdrp

Shanghai Pharmaceuticals: A Chinese Drug Distributor, Manufacturer, and Retail Pharmacy Chain

Jay Lee

Aug 30, 2019

Business Strategy and Outlook

Shanghai Pharmaceuticals Holding is a vertically integrated drug distributor and operates a large drug manufacturer and retail pharmacy chain. Chinese healthcare industries have grown faster than GDP, and will continue to grow due to aging demographics, increased urbanization, a larger middle class, and rising disease rates.

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