US stocks made a big move | Senmiao Technology (AIHS.US) soared nearly 130%, with its core business involving internet finance and auto finance.

According to the Wiseco Financial APP, on Wednesday, Senmiao Technology (AIHS.US) surged nearly 130%, reaching $5.43. It is understood that Senmiao Technology is a comprehensive financial technology company, with core business involving internet finance and automotive finance. It aims to provide intermediary services for freelancers, individual business owners, and small and micro enterprises using the concept of financial technology, solving the problem of financing difficulties. The current business types include rental purchase for ride-hailing drivers, automotive consumption installments, small and micro enterprise loans, personal consumption loans, dealer loans, and supply chain finance.