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China’s Gen Z investors are turning fund managers into social media stars

On a fan community page on Chinese social media platform Weibo, hundreds of users have posted comments and pictures, some covered in little red hearts, to express their admiration for a star they affectionately call Kun Kun. “Kun Kun flies bravely, iKun will always follow him; Kun Kun never gets old, and will remain a blue-chip till the end,” some users wrote alongside the picture. “Kun Kun,” whose full name is Zhang Kun, is neither a pop star nor actor. Instead, he is one of China’s most prominent fund managers who oversees around 120 billion yuan ($18.6 billion) in assets at E Fund Management, an established Chinese asset management firm. Zhang’s followers, who label themselves “iKun,” (“i” is a homophone for the Chinese word love), have also created accounts on Weibo posing as his “global fan clubs.” “Kun Kun, I would like to accompany you for many, many years,” a follower wrote. “Let’s witness both the bull and bear markets, but still return with young hearts.” ...
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Forget Galaxy S11 – the Galaxy S20 Ultra may be Samsung's new flagship phone


The Samsung Galaxy S20 series may be coming nine years sooner than expected, as a new leak suggests what we've heard before: Samsung is set to leapfrog the Galaxy S11 and a bunch of numbers in its flagship phone naming scheme.

The unverified rumor gets even more interesting, as there may not be a Samsung Galaxy S20e in 2020. Instead, the South Korea company would start with the Galaxy S20, and offer the Galaxy S20 Plus and Galaxy S20 Ultra as higher-end models, according to the leak from case-maker Schnailcase.

The details in the new leak include all of the names of the phones as well as their respective screen sizes, as noted in a tweet by the founder of Shcnailcase.

The Galaxy S10 lineup included a total of four phones, with the Galaxy S10e on the lowest end and the specialized Galaxy S10 5G on the highest end (it launched a bit later than the rest of the S10 phones). This doesn't count the still rumored Samsung Galaxy S10 Lite, which we could see at CES 2020.

All of this appears to be changing for 2020's lineup, as 5G becomes prevalent among flagship phones and a requirement of the Qualcomm Snapdragon 865 chipset.

All 5G means one fewer device

The jump from S10 to S20 is still somewhat unexpected, though not an unheard of move. After all, Microsoft jumped to Windows 10 out of nowhere, Apple skipped past the iPhone 9, and the Xbox 360 may well have been named so that it wouldn't be called Xbox 2 while competing with a PlayStation 3.

But, the shift from four phones in the lineup to just three is a bit more interesting. This is likely because Samsung plans to support 5G on all of new Galaxy S20 phones, as we had suggested. This would eliminate the need for a Galaxy S20 5G designation.

The Galaxy S20 would be left as the new base model, with a 6.2-inch display and a less refined design but cheaper price point, mirroring the Galaxy S10e experience. Then the Galaxy S20 Plus would stand in the place of both the S10 and S10 Plus, with a 6.7-inch display. For those who want the ultimate Samsung experience, the Galaxy S20 Ultra would stand at the top of the pack with a 6.9-inch display.

Whether it's the Galaxy S11 or Galaxy S20, the collapse of the Galaxy S11e follows the strategy of Samsung's closest competitor: Apple. Apple did the same thing when it replaced the entry-level iPhone XR (the S10e equivalent) with the iPhone 11, giving its new 'cheap' smartphone full honors in the series numbering scheme, while the iPhone 11 Pro and iPhone 11 Pro Max offered more features at higher prices.

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China’s Gen Z investors are turning fund managers into social media stars

On a fan community page on Chinese social media platform Weibo, hundreds of users have posted comments and pictures, some covered in little red hearts, to express their admiration for a star they affectionately call Kun Kun. “Kun Kun flies bravely, iKun will always follow him; Kun Kun never gets old, and will remain a blue-chip till the end,” some users wrote alongside the picture. “Kun Kun,” whose full name is Zhang Kun, is neither a pop star nor actor. Instead, he is one of China’s most prominent fund managers who oversees around 120 billion yuan ($18.6 billion) in assets at E Fund Management, an established Chinese asset management firm. Zhang’s followers, who label themselves “iKun,” (“i” is a homophone for the Chinese word love), have also created accounts on Weibo posing as his “global fan clubs.” “Kun Kun, I would like to accompany you for many, many years,” a follower wrote. “Let’s witness both the bull and bear markets, but still return with young hearts.” ...
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