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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.” ...

Oppo Reno3 series racks up more than 1.46 million registrations

The Oppo Reno3 and Reno3 Pro unveiled two days ago have exceeded 1.46 million registrations of interest in China, out of which 580,000 came through JD.com. The lineup also became the booking champion on TMall for 2019.

How many of these registrations convert to sales is something we'll have to wait to see, but these numbers are indicative of the high interest garnered by Oppo's first wave of 5G smartphones.

That said, it's worth mentioning that these figures were counted on December 27 at 6:30 PM local time, so the final count is likely to have crossed 1.5 million by now.

Reno3 series exceeds 1.46 million registrations Reno3 series exceeds 1.46 million registrations Reno3 series exceeds 1.46 million registrations
Reno3 series exceeds 1.46 million registrations

The Reno3 is powered by Mediatek's Dimensity 1000L SoC and starts at CNY3,399 ($485/€435), while the Pro version has the Snapdragon 765G SoC at the helm with the base model priced at CNY3,999 ($570/€510). You can head this way to check out the detailed specs of both smartphones.

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