BIOALPHA Holdings Bhd’s big move into the China market amidst the ongoing Covid-19 pandemic is noteworthy. Indeed the health supplement market in China has huge potential and continues to expand rapidly, bolstered by an ageing population, economic growth and an expanding basic health insurance. “There is an increasing number of leading global corporate organisations which have found significant long-term prospects in the healthcare market in China. No doubt China, the world’s second-largest healthcare market lured the local healthcare supplement company to pump in money in the country. Moving forward, Hon anticipates the group to gradually report better results in the coming quarters given its expansion in China’s healthcare market.
