Magic Empire Global Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $53.2M
- Price
- $0.7974
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.24%
- Volume
- 12.0K
About
Based in Central, Hong Kong, Magic Empire Global Limited, established in 2016, delivers a suite of financial and corporate advisory services to businesses operating in Hong Kong. These services encompass initial public offering sponsorship, comprehensive and impartial financial guidance, support for post-listing regulatory adherence, and underwriting assistance.
Quick stats
Shares outstanding66.7M
Computed float5.1M
Float / shares7.6%
Cash runway (months)400.8
Key info
SectorFinancial Services
IndustryFinancial - Capital Markets
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001881472
Websitehttps://www.meglmagic.com
AI Summary
AI-generated1/5
minorneutraloperations update
Magic Empire Global Limited Announces Strategic Expansion into Commodity Trading and Supply Chain Finance, Establishing Dual Core Business Model
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.
The company says its first trading transaction was completed in Q4 2026, but no revenue or volume figures were disclosed, so the pivot's financial impact remains unproven.
Red flags
- Business-model pivot away from core financial services with no disclosed revenue, capital commitment, or deal economics
- Exposure to commodity price volatility, counterparty/credit risk, sanctions and export-control regimes, and coal-related regulatory pressure
- Financing activities may require licensing 'where required' -- regulatory path not fully secured