#Latest news with #ShanghaiStockExchangeScienceandTechnologyInnovationboardNikkei Asia4 days agoBusinessNikkei AsiaChina's Insta360 targets US growth after $270m IPO despite trade warPALO ALTO, California -- Chinese panoramic camera maker Insta360 is eying further growth in the U.S. after raising 1.94 billion yuan ($270 million) in its market debut in Shanghai on Wednesday. Specializing in 360-degree filming devices, Insta360 surged on its first day of trading on the Shanghai Stock Exchange Science and Technology Innovation board on Wednesday, opening 285% above its IPO price. It is the largest listing on the Nasdaq-like STAR market year to date.
Nikkei Asia4 days agoBusinessNikkei AsiaChina's Insta360 targets US growth after $270m IPO despite trade warPALO ALTO, California -- Chinese panoramic camera maker Insta360 is eying further growth in the U.S. after raising 1.94 billion yuan ($270 million) in its market debut in Shanghai on Wednesday. Specializing in 360-degree filming devices, Insta360 surged on its first day of trading on the Shanghai Stock Exchange Science and Technology Innovation board on Wednesday, opening 285% above its IPO price. It is the largest listing on the Nasdaq-like STAR market year to date.
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