Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO

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Shares of Chinese camera maker Insta360 almost quadrupled in their public debut on the Shanghai Stock Exchange, valuing the company at about 71 billion yuan ($9.9 billion) and making its 33-year-old founder, Liu Jingkang, a billionaire. Trading as Arashi Vision, the Shenzhen-headquartered camera maker raised 1.94 billion yuan ($270 million) in its debut on the
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