At the Mobile Security Conference happening in Shangai, Pangu team members showed off a working jailbreak for iOS 10 with a screen-cast of Cydia running on the device. The team members did not reveal more information about the jailbreak, but as per the pictures, it is evident that they have done some significant work to get Cydia up and running on the next version of iOS.
Apparently, the team also answered some questions at the event from visitors where the Pangu team revealed that they plan on releasing a jailbreak for iOS 9.3.2 sometime soon. Again, this was not verified by a credible source, so until then, take this news with a pinch of salt.
As for the iOS 10 jailbreak, remember that Apple has only released the first beta of the OS, so there is always a possibility that the company will end up fixing the vulnerability used by the Pangu team to jailbreak the OS before its final release later this summer.