Hao Feng Group Ltd. plans a $21 million IPO in the US but faces criticism for an excessive valuation with a 161x EV/EBITDA multiple. The company operates in Hong Kong's competitive financial education sector, showing slowing revenue growth and unstable profit margins. Concerns include the firm's limited scale, unproven expansion plans, and market concentration risks. Investors are advised to be cautious due to these financial and operational uncertainties.
Hao Feng Group's planned $21 million IPO is noted alongside Pluang's snapshot of the Financials sector. For readers following this sector, here is Pluang's market data as of Sep 15, 2026 01:06 WIB: out of 74 priced US Financials stocks, 22 rose and 52 fell. Deutsche Bank AG (DB) was priced at USD 39.11 with a 1-day change of -3.38%, Bank of New York Mellon Corp (BNY) at USD 157.19 with -3.36%, and Wells Fargo & Co (WFC) at USD 87.61 with -2.94%.
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