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Chinese gadget-maker IPO tracks Xiaomi hype HONG KONG, Jan 24 (Reuters Breakingviews) - China's answer to Fitbit is tracking another company's big steps. Huami, a maker of wearable devices, just unveiled plans for an initial public offering ahead of a more highly anticipated one by Xiaomi. Ties with Xiaomi run deep. The two have agreements ...
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Mini-mi Huami, China's answer to Fitbit is aiming to go public ahead of a blockbuster share sale by the handset maker. It just turned a profit, thanks to growth powered by cosy ties to Xiaomi. Western hardware companies have disappointed investors, but they also didn't have an X factor.
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