U.S. Stock Movement | Huize rises over 7.8% after obtaining a financial license in Singapore
Huize's stock price rose, and as of the time of publication, the stock was up over 7.8%, trading at $3.3. On the news front, Huize's international brand Poni Insurtech recently successfully obtained a financial advisory and insurance brokerage license issued by the Monetary Authority of Singapore (MAS). This move is part of Huize's strategy to expand into markets outside of China and Hong Kong. The company, headquartered in China, also plans to enter Indonesia and the Philippines but has not provided a specific timeline
According to Zhitong Finance APP, Huize (HUIZ.US) stock price has risen, with the stock up over 7.8% as of the time of writing, reported at $3.30. In terms of news, recently, Huize's international brand Poni Insurtech successfully obtained a financial advisory and insurance brokerage license issued by the Monetary Authority of Singapore (MAS). This move is part of Huize's strategy to expand into markets outside of China and Hong Kong. The company, headquartered in China, also plans to enter Indonesia and the Philippines but has not provided a specific timeline
