Hao Kaihuai: Drink whatever you want and enjoy it.
Hao Pengyu: Choosing Words
Huai: Huai Cang; Grip method: hand grip; Gold and jade: beautiful jade, metaphorical virtue. Metaphor people have pure and noble character.
Source: Chu Ci of the Warring States Period Qu Yuan's Nine Chapters of Chu Ci Huai Sha: "Huai Jin holds jade Xi, I don't know what it means."
So the name has no homophonic meaning.