{"id":3847,"date":"2018-02-01T23:04:54","date_gmt":"2018-02-02T04:04:54","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3847"},"modified":"2018-02-01T23:04:54","modified_gmt":"2018-02-02T04:04:54","slug":"huami-corporation-ipo-preview-hmi","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/huami-corporation-ipo-preview-hmi\/","title":{"rendered":"Huami Corporation #IPO Preview ($HMI)"},"content":{"rendered":"

\"HuamiCorp\"<\/a><\/p>\n

Company: Huami Corporation<\/strong>
\nSymbol: HMI
\nDescription: They are transforming the way individuals connect with the Internet and with each other through smart wearable technology and data-driven innovations.
\nShares: 10 million ADS
\nPrice Range: $10.00-$12.00
\nTrade Date: 2\/8
\nUnderwriter(s): Credit Suisse, Citigroup, China Renaissance
\nTerms Added: 1-26-18<\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0T<\/b>hey shipped 11.6 million units of smart wearable devices in the first nine months of 2017, more than any other company in the world, according to the Frost\u00a0& Sullivan Report. As of September\u00a030, 2017, they had shipped a total of 45.3\u00a0million devices since their inception in 2013, quickly establishing their global market position and recognition.<\/p>\n

They believe they have one of the largest biometric and activity databases in the global smart wearables industry. Their mobile apps, Mi Fit and Amazfit, work hand in hand with their smart wearable devices and provide users with a comprehensive view and analysis of their biometric and activity data. As of September\u00a030, 2017, their mobile apps had 49.6\u00a0million registered users, from whom they collect over 10 dimensions of measurement that include heart rate, ECG, weight, body fat compositions, GPS running track, steps, sleeping duration, etc.<\/p>\n

Financials:\u00a0<\/strong>They have achieved significant growth since their inception. Their revenues increased by 73.6% from RMB896.5\u00a0million in the year ended December\u00a031, 2015 to RMB1,556.5\u00a0million (US$233.9 million) in the year ended December\u00a031, 2016, and increased by 37.4% from RMB943.5 million for the nine months ended September\u00a030, 2016 to RMB1,296.2 million (US$194.8 million) for the same period of 2017.<\/p>\n

\"Financials.HMI\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Huami Corporation Symbol: HMI Description: They are transforming the way individuals connect with the Internet and with each other through smart wearable technology and data-driven innovations. Shares: 10 million ADS Price Range: $10.00-$12.00 Trade Date: 2\/8 Underwriter(s): Credit Suisse, Citigroup, China Renaissance Terms Added: 1-26-18 Link to S-1\/A Prospectus Link to Retail Roadshow Business:\u00a0They[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1467],"class_list":["post-3847","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-hmi"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3847"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3847\/revisions"}],"predecessor-version":[{"id":3850,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3847\/revisions\/3850"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}