Reopening is good for healthcare plays. Singapore and Malaysia have each revealed plans to start reopening their borders, as vaccination rates have reached 83% and 66% respectively, write Lai and Ong.
The healthcare sector is receiving “another shot in the arm” with gradual reopening in Singapore and Malaysia, say Maybank Kim Eng Research analysts Lai Gene Lih and Eric Ong.
In an Oct 13 note, Lai and Ong are upgrade the healthcare sector to “positive”.
