Skip to main content

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.” ...

NOKIA LOOKING TO MANUFACTURE IP AND OPTICAL PRODUCTS IN INDIA

India is an important market not only for Nokia Mobile but also for Nokia and its networking business. Nokia is already manufacturing its 4G and 5G radio products in its Chennai factory and only last year around $400 million worth telecom gear was shipped in India and around the world. Nokia is doing well in India’s networking market according to IDC’s Q32019 report. It holds 16.7% of the router market and it is fourth in India’s switch market with 2.7% share.

To strengthen its position in the local market, and cater to global demand, Nokia is thinking of manufacturing its IP and optical products in India through its existing facility. Since the sales of networking gear are increasing in India, domestic production could increase the feasibility of the production and eventually lover the price of the equipment. Also, this could open more jobs in the sector, which is always a welcomed move.

Read more about the story at EC and idc.

Comments

Popular posts from this blog

Vivo X30 Pro 5G camera samples showcase vivid zoom photos including 60X zoom

Vivo  finally took the wraps off the X30 models earlier this month with both models having spectacular features that distinguish it from the pack. The  Vivo X30 Pro  5G is the high-end variant and even though the 5G connectivity may be the biggest feature onboard, the device comes with an impressive camera setup including a periscope lens. We have now laid our hands on a couple of camera samples which showcases the prowess of the zoom levels on the periscope camera on the device. "> "> Vivo X30 Pro 5X zoom The first picture highlights a building at some distance which is barely visible without zooming. The camera sample at 5X zoom, 10X zoom, 20X zoom and 60X zoom. What makes this amazing is the lack of photographic noise on the samples as the object is zoom closer. Even though the 60X zoom sample is a little blurry, the text on the wall of the building can be seen clearly. "> Vivo X30 Pro 10X zoom

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.” ...

From Energy To Transport To Healthcare, Here Are 8 Industries Being Disrupted By Elon Musk And His Companies

Elon Musk is CEO of Tesla and SpaceX, has plans to colonize Mars, and thinks AI may turn humans into its pets. But beyond the hype, his enormous net worth, and Twitter presence, here's how Musk's companies are actually taking on 8 industries. Elon Musk thinks and acts on a larger, more cosmic scale than we’re accustomed to from entrepreneurs. Elon Musk has become a household name synonymous with the future. Whether he’s working on electric vehicles (Tesla) or sending rockets into space (SpaceX), his larger-than-life reputation attracts its fair share of attention — and scrutiny. His main projects take on almost every major industry and global problem conceivable, and imagine a disruptive fundamental rewiring of that space or sector. We take a look at the state of his companies and how they are — or aren’t — transforming the industries in which they operate: Automotive: Tesla has boomed in 2020. We take a look at the company’s rocky history and how Musk has propelled Tesla...