Shares of Chinese real estate services company, MDJM Ltd (MDJH) are up more than 15% Wednesday morning after it announced the formation of a new joint venture company in the UK for asset management business.
The new company, Mansions Estate Agent Ltd, is jointly established by MDJM's unit, MD Local Global Limited, Ocean Tide Wealth Limited, a specialist mortgage broker in the United Kingdom, and Mingzhe Zhang.
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