CITIC Securities: A turning point is coming for the medical equipment sector, with both valuation and performance undergoing repairs.

The analysis report of CITIC Securities believes that the rise and fall of the medical device sector is related to factors such as the disclosure of third-quarter performance, and the sector presents structural investment opportunities. The fourth quarter is the peak season for flu outbreaks, and it is recommended to pay attention to trends in respiratory testing-related businesses; during "Double 11", it is recommended to focus on the online sales trends of household appliance companies. In the short term, it is recommended to seize the opportunity of performance and valuation repair of individual stocks with improved performance in 2026. Several leading companies in the segmentation track of the medical device industry will accelerate growth in 2026. In the long term, investment opportunities in the medical device industry come from innovation, going global, and mergers and acquisitions. The sector's innovation and internationalization capabilities are recognized, and valuations are being reassessed. It is recommended to focus on innovative medical device tracks with large potential for imagination, as well as directions such as mergers and acquisitions, brain-machine interfaces, AI in healthcare, surgical robots, exoskeleton robots, etc.