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Magic Empire Global Limited Announces Strategic Expansion into Commodity Trading and Supply Chain Finance, Establishing Dual Core Business Model

$MEGLPress releaseOct 6, 2026, 9:15 AM ETRead the release

Magic Empire Global (NASDAQ: MEGL) announced a strategic expansion into international commodity trading and supply chain finance, creating a dual-pillar model alongside its Hong Kong financial services business. Operations will run through newly established wholly-owned subsidiary Lunar Haste International Trading Limited, initially trading hardwood logs, sawn timber, iron ore, and coal to buyers in the US, Europe, and Asia-Pacific.

Key figures

First transaction completed
Q4 2026
Management experience years
more than 30 years

AI analysis

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