Lei Jun Makes a Killing of $15.2 Billion on Yu Shu Technology's IPO

BlockBeats News, August 19th, Ubtech Technology officially debuted on the Sci-Tech Innovation Board, opening with a 629.44% surge to ¥1100 per share, reaching a total market value of ¥444.9 billion. Based on the issuance price of ¥150.80 per share, one board lot could earn ¥474,600. Lei Jun's affiliated entity, Astrend IV of Shunwei Capital, holds 16.106 million shares, with an unrealized gain of over ¥15.2 billion.