HMI - Huami: Overlooked And Misunderstood
There are bargains abound in the Chinese stock market, in my view. Thankfully, many of China's leading technology stocks trade on U.S. exchanges via ADRs (a dozen or so were recent IPOs from this year alone), so we have easy access to them. The recent pullback in Chinese stocks has created a great buying opportunity in many of these names, including Huami (HMI), the maker of fitness trackers and smartwatches.
Huami went public earlier in January at a price of $10 per ADS. Shares have traded in a volatile pattern since then, but