Magic Empire Global expands into commodity trading and supply chain finance

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Go back to Magic Empire Global expands into commodity trading and supply chain finance

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

October 6, 2026 9:15 AM EDT

Hong Kong, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) ("MEGL" or the "Company") today announced a new strategic initiative to expand into international commodity trading and supply chain finance, building on its established financial services platform in Hong Kong. Going forward, the Company intends to develop its business around two core pillars: commodity trading, focusing on mineral and energy resources, and financial services, centered on supply chain finance.

The Company has established a wholly-owned subsidiary in Hong Kong, Lunar Haste International Trading Limited, through which it is developing... More