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Chinese smart-home product maker Viomi jumps 5% in trading debut

Chinese smart-home product marker Viomi priced shares for its initial public offering at $9. They opened at $9.50 apiece.

  • Chinese smart-home product maker Viomi opened for trading at $9.50 a share.
  • It priced shares at $9 apiece, raising $102.6 million through its initial public offering.
  • The company said it returned to profit in 2017 and generated $10.6 million of net income in the first half of 2018.
  • Chinese hardware giant Xiaomi is Viomi's partner, customer, and shareholder.

Viomi will trade under the ticker "."

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