Hang Feng swings to FY26 H1 net loss of $553,033; revenue falls 72.7% to $362,511

• Hang Feng posted a net loss of US$553,033, swinging from net income of US$363,524 a year earlier.
• Revenue fell 72.7% to US$362,511, reflecting no related-party consulting revenue or fund management revenue versus the prior-year period.
• Operating loss widened to US$993,617 from operating income of US$479,788, as operating expenses rose 59.94% to US$1.36 million.
• Cash slid 10.97% to US$6.61 million at June 30, 2026, while total assets eased 7.03% to US$8.22 million.
• Subsequent event: HF IAM received a Type 1 license in Hong Kong on July 7, 2026, though no securities-dealing launch is planned.

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