24/7 Market News Snapshot 13 June, 2025 – Senmiao Technology Limited Common Stock (NASDAQ:AIHS)

June 13, 2025

DENVER, Colo., 13 June, 2025 (www.247marketnews.com) – (NASDAQ:AIHS) are discussed in this article.
Senmiao Technology Limited is currently experiencing a notable decline in stock performance, with pre-market trading at $0.897, representing a drop of approximately 12.91% from the previous closing price of $1.030. The trading volume has surged to 2.66 million shares, signaling increased investor activity and engagement. This downturn suggests potential resistance levels, and a support base may form around the $0.85 area. Traders are advised to be vigilant for volume spikes that could indicate a reversal in trend. Should the bearish momentum persist, the stock might face further declines, highlighting the need for diligent assessment of market conditions ahead of any investment decisions.

In a strategic shift, Senmiao Technology has announced a significant partnership with Changsha Yipeng Information Technology Co., Ltd. aimed at developing an advanced AI-driven data management system. This collaboration is expected to enhance the effectiveness of online ride-hailing management platforms. Changsha Yipeng, with over a decade of experience in integrating AI-based information systems and big data solutions across various industries, will utilize Senmiao’s extensive historical data related to drivers, vehicles, and riders for the development of the analytics platform.

Xi Wen, Chairman and CEO of Senmiao, expressed enthusiasm regarding this partnership, stating that the company is eager to capitalize on the extensive data collected over the years to generate new streams of revenue. The strategic collaboration is expected to necessitate financing for comprehensive execution and rollout. As Senmiao embarks on this initiative, it underscores the growing emphasis on data-driven solutions within the rapidly evolving transportation sector, promising substantial improvements in operational efficiencies for ride-hailing services.

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