Viomi, a smart home appliances company in the Xiaomi ecosystem, started trading on the Nasdaq Stock Market on Sept. 25 under the ticker symbol VIOT.
Huami Corporation, a Xiaomi-backed public company specializing in smart wearable technology, announced on July 26 the purchase of core assets from Zepp International Limited, a leading wearable sports technology company.
When talking about Lei Jun, people are as likely to mention his role in Xiaomi as his history as an investor. Lei Jun has already invested in numerous Internet companies. In 2018, Xiaomi is continuing its path to a public listing. 2018 is on track to be the “capital year” for Lei Jun.
Bloomberg reported that Huami, Xiaomi’s subsidiary, has started its roadshow for an initial public offering in the US. Huami plans to be listed on the Nasdaq global market on February 8.
The US Securities and Exchange Commission (SEC) said on Tuesday that the Huami had submitted an IPO request. That means Huami could soon be listed in the US stock exchange. Huami’s IPO would have a major impact on Xiaomi’s valuation, as Huami is a Xiaomi eco-chain company.