Min(Spark) Zheng, an iOS Senior Security Engineer at Alibaba, posted images of Tencent KeenLab's presentation during which the jailbreak was unveiled. While this is very exciting news, iOS 11 is still in early beta so it's unclear if their jailbreak will continue to work once the final version is released this fall. Additionally, we have no information yet on whether there are plans to release the jailbreak. Often security researchers are able to sell jailbreaks for a large payday. Even Apple has a bounty program now.
As you can see in the images below, KeenLab demoed the jailbreak on an iPhone 6 running iOS 10.3.2, iPhone 7 running iOS 10.3.2, and iPhone 7 running iOS 11 Beta 2.
We'll be watching closely to learn more about the jailbreak and its potential for release. Make sure to follow iClarified on Twitter, Facebook, Google+, or RSS for updates.