China Resources Pharmaceutical Group Ltd Registered Shs Unitary 144A/Reg S

03320: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	HK$4.70	Jffcslc	Hyvkscykj

CR Pharma, a Chinese Pharmaceutical Conglomerate Facing Uncertain Times

Jay Lee

Jul 25, 2022

Business Strategy and Outlook

China Resources Pharmaceutical Group, or CR Pharma, is a healthcare conglomerate that operates manufacturing, distribution, and retail pharmacy segments. Chinese healthcare industries have grown faster than GDP, and will continue to do so due to aging demographics, increased urbanization, a larger middle class, and rising disease rates.

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