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HMI - Huami: China Trade Bounce Is Only Getting This Wearables Giant Started
Huami Corporation American Depositary Shares each representing four Class A
A few months ago I wrote about Huami (HMI) as a company which was feeling the pressures of the geopolitical trade war between the United States and China, which caused most US-listed Chinese firms to materially decline. That and an offering have acted as share price headwinds even as the underlying business was growing strongly for much of that time.
Since then, the United States and China have signed a deal which essentially restores trade relations to where they were before and those same US-listed Chinese companies have rallied on the news and