海通国际认为，政策强调建设生育友好型社会路径并提出具体措施，有望推动产科医疗服务、辅助生殖、产前检查等需求增长，间接促进中长期儿童用药、医疗需求向好，催化妇儿医疗需求回暖。民生证券表示，多项政策出台有望推动生育率边际改善，建议关注母婴赛道标的。Concept stocks related to the three-child policy generally opened higher in the morning session, as of the time of writing, jxr (01951) rose by 14.77%, to 4.43 Hong Kong dollars; aidigong (00286) rose by 11.98%, to 2.71 Hong Kong dollars; goodbaby intl (01086) rose by 7.87%, to 0.96 Hong Kong dollars.
According to the Zhixin Finance APP, concept stocks related to the three-child policy generally opened higher in the morning session, as of the time of writing, jxr (01951) rose by 14.77%, to 4.43 Hong Kong dollars; aidigong (00286) rose by 11.98%, to 2.71 Hong Kong dollars; goodbaby intl (01086) rose by 7.87%, to 0.96 Hong Kong dollars; china feihe (06186) rose by 6.8%, to 6.6 Hong Kong dollars.
On the news front, on October 28, the General Office of the State Council issued the "Several Measures to Accelerate the Improvement of the Fertility Support Policy System and Promote the Construction of a Fertility-Friendly Society", proposing 13 specific measures in four aspects including strengthening fertility service support, strengthening the construction of childcare service system, enhancing support measures in education, housing, employment, and creating a favorable atmosphere for a fertility-friendly society, fostering a good atmosphere of respect and support for fertility throughout society.
Haitong International believes that the policy emphasizes the path to the construction of a fertility-friendly society and proposes specific measures, which are expected to drive the growth of demand for obstetric medical services, assisted reproduction, prenatal examinations, indirectly promoting the improvement in the medium to long-term demand for children's medication and medical services, catalyzing the warming of demand for women's and children's medical services. Minsheng Securities stated that the introduction of multiple policies is expected to drive marginal improvement in the fertility rate and recommends paying attention to investment targets in the maternal and child health track.
