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"By listing on the Nasdaq, Viomi hopes to better focus on the development of home appliance technology and further expand brand awareness, as Nasdaq is known as a tech-heavy stock exchange," Xiaoping Chen, co-founder and chief executive officer of Viomi, told Xinhua after the opening bell.

"China continues to dominate the fintech landscape," said H2 Ventures partner Ben Heap. "These firms are continuing a trend that is several years in the making and highlights the extraordinary rise of the fintech industry in China."

"China is the world's second-largest toy market and the world's largest toy exporter. The global toy markets have been declining slowly for the past few years but China still sees stable growth," said Chih-yuan Wang, retail research director of Mintel China.

"China is the second largest market in the world in insurance. It's growing fast so it will become the first market of the world at some stage. We believe that there are a lot of services and products to be designed for Chinese customers and this is our ambition," Veyry said.

"China is taking the lead in the area of internet economy where there is huge room for cooperation," said David Liao, president and CEO of HSBC China, at a recent forum held by the multinational banking and financial services institution in Beijing on the China-ASEAN economic corridor.