Neutral
Seeking Alpha
1 month ago
EWH: Financial Sector Strength Meets Real Estate Headwinds
EWH is rated hold after about a 41 percent surge, as valuation looks stretched and risks warrant patience before reentering at lower levels. Hong Kong's economy is stabilizing, supported by exports and financial services, but consumption remains weak and property markets struggle. EWH is highly concentrated in AIA Group and HKEX, with financials offering growth potential but real estate weighing heavily on performance.