Insta360, creators of the popular X5 360-degree camera, the Ace Pro action camera series, Flow gimbals and more besides, have floated on the Shanghai stock exhange – or 'STAR' – market, earning a valuation of around 71 billion yuan ($9.9 billion), making the founder, Liu Jingkang, a billionaire at age 33.
Insta360 is, like a number of Chinese tech companies, based in Shenzhen. Liu told Forbes that "Ten years ago, we walked out of the dormitory of Nanjing University, with just very few resources and very big dreams."
