Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO

Insta360 Goes Public in China, 33-Year-Old Founder Now a Billionaire

360-degree camera and technology company Insta360 has gone public on the Chinese stock market, and the company's shares surged to nearly 180 yuan, or about $25, an almost four-fold increase from its initial public offering (IPO) price of 47.27 yuan per share. The company is now valued at 71 billion yuan, or nearly $9.9 billion, making its 33-year-old founder, Liu Jingkang, also known as JK Liu, a billionaire, Forbes reports.

Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO

At age 33, Liu Jingkang has earned a fortune of $2.7 billion by selling 360-degree action cameras.

360-degree camera maker Insta360 goes public in China

Insta360, a maker of 360-degree cameras and action cameras, went public in in an initial public offering in China.

GoPro rival Insta360 eyes global expansion after strong Shanghai IPO

After the Star Market’s biggest debut in a year and a half, executive Max Richter touted the company’s commitment to global markets amid trade tensions.

China's Insta360 targets US growth after $270m IPO despite trade war

PALO ALTO, California -- Chinese panoramic camera maker Insta360 is eying further growth in the U.S. after raising 1.94 billion yuan ($270 million) in

Insta360’s Journey: From Dorm-Room Startup to Global Camera Powerhouse and IPO Triumph

On June 11, 2025, Chinese camera maker Insta360 made a splashy debut on Shanghai’s STAR Market, with its stock surging 285% on opening day and its market capitalization briefly topping ¥70 billion (over $10 billion) . Founder Liu Jingkang – known as JK Liu – proudly rang the opening bell while wielding an Insta360 X5 panoramic camera, marking him as the first 1990s-born founder to lead a company to China’s Nasdaq-style board . The blockbuster IP…