Huami returns with $150m follow-on ADS sale

Gina Lee

April 15, 2019 11:15 am

NYSE PA 230x`150 — (181205) -- NEW YORK, Dec. 5, 2018 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Dec. 4, 2018. U.S. stocks plunged on Tuesday, with all three major indices erasing more than 3 percent, amid worries over inverted yield curve signaling a possible economic slowdown. The Dow Jones Industrial Average decreased 799.36 points, or 3.10 percent, to 25,027.07. The S&P 500 decreased 90.31 points, or 3.24 percent, to 2,700.06. The Nasdaq Composite Index fell 283.09 points, or 3.80 percent, to 7,158.43. (Xinhua/Wang Ying) (zxj) | Wang Ying/Xinhua News Agency/PA Images

Chinese smart wearable technology company Huami is issuing new shares through a follow-on American Depositary Shares (ADS) offering of up to $150m.

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Credit Suisse Equity China Americas Citi Asia Follow-ons and Rights Issues Asia Greater China Morgan Stanley Northeast Asia Asia Pacific United States Follow-ons and Rights issues Emerging Markets North America

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Gina Lee