Ageing China draws investors to its "hot as Internet" healthcare sector

February 10, 2015 9:15 PM

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HONG KONG (Reuters) - Investors are rushing into China's booming healthcare business, helping M&A deal values surpass those of the hot Internet sector, as the country prepares to cater to hundreds of millions of elderly patients.

Encouraged by a relaxation of foreign ownership rules last year and a rapidly ageing population, private equity firms such as TPG Capital [TPG.UL] and industry players including Malaysia's IHH Healthcare Bhd are investing in Chinese hospitals, pharmaceutical companies and device makers.

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