Hang Feng H1 2026 Revenue Drops 73% as Firm Pivots to RWA, Wins New License
Hong Kong – September 10, 2026 -- Hang Feng Technology Innovation Co., Ltd., a Nasdaq-listed company headquartered in Hong Kong, reported a 73% year-on-year revenue decline for the six months ended June 30, 2026, as it redirects resources away from its legacy consulting business toward real-world asset (RWA) initiatives.
Revenue falls to $362,511 as consulting business contracts
Total revenue for the reporting period was $362,511, down from $1,327,707 in the first half of 2025. The company swung to a net loss of $553,033 and a comprehensive loss of $593,754, reversing prior-year net income of $363,524 and comprehensive income of $330,221. Management attributed the decline primarily to reduced business development and marketing activity in its corporate management consulting segment, a deliberate move tied to the reallocation of resources toward RWA development.
