Digital healthcare and Chinese stocks tipped

Global digital healthcare and Chinese equities are projected to have high growth this year based on global demand for healthcare and the strength of the Chinese economy, according to Tisco Asset Management.

Saharat Chudsuwan, head of marketing and wealth advisory for mutual and private funds at Tisco Asset Management, said global digital health innovation is likely a mega-trend for the next decade as the world population ages.

The need for innovative medical equipment will continue regardless of the economic situation, while the pandemic is speeding up development of new technological equipment, said Mr Saharat.

He said investing in Chinese stocks will provide good returns this year with several supporting factors: projected Chinese GDP growth of 8%, a low pandemic impact compared with other countries, growing local consumption and a speedy business recovery.

Mr…