Huami is still not very known brand in the technology world. But they had already launched some popular gears like Amazfit, Mi band, Mi Band 2. As the smart wearable market growing rapidly in China and the whole world Xiaomi started to make wearable smart devices by Huami brand name.
Xiaomi is the major shareholder of Huami ecosystem company. This company already shipped 11.6 million units of smart wearable devices from January to September in 2017. Which is larger than other companies in this section.
The Huami brand entered in the Newyork stock exchange today. The ticker symbol of Huami is ‘ HMI’ and priced its IPO of ten million shares at 11 USD. On the first day its price rose 2.27% and closed at 11.25 USD on Thursday.