Shares of Sealand Capital Galaxy Ltd (LON: SCGL) today surged 57.1% despite the company not making any big announcements as investors bought the company’s shares causing its share price to rise.
The last significant announcement form the company was on September 1st when it announced the introduction of the Qiaohuajiao brand of fish maw into mainland China and the brand recognition that it had built since the summer.
The company’s marketing efforts had paid off immensely since introducing the fish into the market on 8 July 2020.
Ready to put what you’ve learned into practice?
Try IG’s platform with £10,000 in virtual funds and practise trading
without putting your own money at risk.
Try IG with a demo account →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Learn the markets with IG Academy
Build your knowledge with IG Academy educational content, then use a
demo account to practise what you’ve learned on the IG platform.
Explore IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
See how trading works before risking real money
IG’s demo gives you access to thousands of markets and £10,000 in
virtual funds, so you can explore the platform and test your ideas first.
Open an IG demo →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Turn trading theory into practical experience
Learn with IG Academy, explore charts and market tools, and practise
strategies in a simulated trading environment before going live.
Start practising with IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Ready to take your learning further?
IG combines market education, analysis and an established trading platform,
giving you the tools to keep learning as you develop your trading skills.
Discover IG →
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Sealand Capital describes itself as a company that provides financial and strategic support to entrepreneurs and this is clear from its partnerships with WeChat and Tencent to provide seamless services in HongKong and across the world.
The company’s shares are trading near its all-time lows and may present an excellent opportunity for long-term investors and medium-term swing traders in equal measure.
Sealand Capital share price
Sealand Capital shares today rallied 57.1% to trade at 2.20p having risen from Thursday’s closing price of 1.40p.
People who read this also read:
