Jefferies picks the Chinese stocks likely to benefit from an aging population

Elderly Chinese residents of the Ji Xiang Temple nursing home pray before lunch in the dining hall on March 17, 2016 in Sha County, Fujian province, China.
Kevin Frayer | Getty Images News | Getty Images

China's population is aging rapidly — that will boost demand for some health services such as eye and dental care, as well as dedicated housing for seniors, said investment bank Jefferies.