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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.”

GALAXY A30S WITH 128GB STORAGE UNVEILED IN INDIA


Back in September Samsung released the Galaxy A30s in India. The mid-range contender arrived in the Indian stronghold with just 4GB of 64GB of internal storage. Yeah, we know that it is the standard for a mid-range device, but there are some users who definitively need more storage in their smartphones and just a microSD card slot isn’t enough. For that kind of user, Samsung is releasing a new revised variant that comes with the same 4GB of RAM but doubles the storage to 128GB.

The new variant retails for INR15,999 (~$225) but can only be found across the offline stores. However, we expect to see it reaching other popular online stores such as Flipkart and Amazon. In addition to launching a new version of the Galaxy A30s, the firm is also cutting the price of the 64GB model. Now, users who consider 64GB enough can purchase the handset for INR14,999 (~$210) through Samsung India’s website and Flipkart.

Galaxy A30s

Apart from the additional storage, the internals remains the same. The A30s ships with an Exynos 7904 SoC and runs Android Pie out the box. The mid-range champion boasts a 6.4-inch HD+ AMOLED display with a waterdrop notch serving as a house for the 16MP selfie snapper. Despite the mid-range nature the handset indeed comes with an in-display fingerprint scanner. Around the back, the A30 features a triple-camera setup comprising of a 25MP main + 8MP ultrawide + 5MP depth sensor modules. The handset is available in Prism Crush Black, Prism Crush White and Prism Crush Violet colors. It draws power from a 4,000mAh battery with 15W fast-charging support.

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