US Stock Market Move | Senmiao Technology Ltd. (AIHS.US) surged nearly 130%, with core businesses involving internet finance and auto finance.

On Wednesday, Senmiao Technology Ltd. (AIHS.US) surged nearly 130%, closing at $5.43 per share. Senmiao Technology Ltd. is a comprehensive financial technology company with core businesses in internet finance and auto finance. It aims to provide intermediary services for freelancers, individual businesses, and small and micro-enterprises using a financial technology concept, solving financing problems by establishing businesses in scenarios, small and dispersed transactions serving small and micro-enterprises. The current business types include ride-sharing car leasing, car consumer installment financing, small and micro-enterprise loans, personal consumer loans, dealer loans, and supply chain finance.