TEAM INTRODUCTION
Zhang Yahua
Zhang Yahua (Deputy General Manager of Dingfeng Assets, Fund Manager) Master of Clinical Medicine, Guizhou University of Medical Science, attending physician, engaged in clinical work in the Affiliated hospital of Guizhou University of Medical Science for 10 years, has a deep cognition and understanding of the medical industry. In March 2015, he joined Dingfeng Assets in charge of medical industry research. Currently, Ding Feng assets deputy general manager, Ding Feng big health fund manager.
Detailed introduction
Investment philosophy and style
Investment growth, concentrated shareholding (15%-20%). Through the understanding of the industry and the market, combined with in-depth research, to find the appropriate investment targets in different market stages, the key targets need to have industry space and their own growth space. Focus on the margin of safety of the underlying purchase, and open positions at low or stable price stages. Control retracement and avoid retracement of product net value through plate allocation. Adjust overall position according to market and product net.
Industry view
The pharmaceutical industry is a super long bull track with long slope and thick learning, and the proper configuration of different plates in the pharmaceutical industry can perfectly avoid the disturbance of cyclical factors. The industry integrates the characteristics of various industry attributes such as science and technology, consumption, high-end manufacturing, innovative medicine, biological medicine and other typical science and technology is a highly flexible plate, the pharmaceutical chain service industry, the medical beauty industry has a typical consumer attributes and small fluctuations, and the medical device, CXO field is to enjoy China's engineer dividends.
Ding Feng Temple
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