This elder care stock benefits from Hong Kong's aging trend
Revenue grew 16% per year
Many countries are grappling with an aging population and that includes China too.
In particular, Hong Kong's population aged 65 or above has increased from 7% in 1981 to 20% in 2021 - one in five is an elderly now.
Operators of residential care homes for the elderly in Hong Kong are benefitting from this aging trend.