"AI+Healthcare" Trends and the Final Outcome (Part 1)

The 11th trading week of this year (March 9–15, 2026) saw the Hong Kong market heavily influenced by external news. It seemed to follow the Japanese and other stock indices, showing a “relative” negative correlation with oil prices. The rapid and sharp increase in oil prices indicates a reliance on oil, highlighting East Asia’s significant role in global manufacturing and the economy. If conflicts cannot be de-escalated in the short term, the medium-term outlook for capital markets will inevitably turn bleak. Hong Kong’s healthcare stocks also followed the trend, with Hays Medical experiencing a larger decline. On Friday, its volume-driven drop essentially signaled a rejection of the company’s previous efforts to “focus on cash flow and share buybacks,” as the market did not buy into it. All parties are waiting for Hays Medical’s worst-ever annual report since its listing. Meanwhile, Guoshengtang bucked the overall decline in healthcare stocks, closing higher this week, indicating that some funds still see “bargains” here and are gradually accumulating. Guoshengtang’s relatively “high growth rate” is indeed a bright spot during this year’s earnings season, though the exact figures will be revealed in the annual report.

We recommend accessing the Caixin database for real-time macroeconomic data, stocks, bonds, company profiles, and financial information.