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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.”

Xiaomi Watch Color announced; will go on sale in China from January 3

Xiaomi, the Chinese company known for making value-for-money smartphones, recently launched a smartwatch under its own brand. Now, the company has announced yet another smartwatch named Xiaomi Watch Color.

As the name itself suggests, this new smartwatch has support for colorful straps, which the company claims is suitable for all the occasions and genders. The company further adds that it comes with support for different types of color combinations.

Xiaomi Watch Color Poster

While the company has announced this Xiaomi Watch Color, it has not yet revealed details related to its specifications, variants, and pricing. However, Xiaomi has confirmed that the smartwatch will be available for purchase in China from 3rd January.

If the rumors are to be believed, then this upcoming smart wearable product from the Chinese company is expected to be have similar set of features and specifications as the Huami Amazfit GTR.

It could come with a 1.39-inch circular display with 454 x 454 pixels screen resolution and packed with various sensors including heart rate sensor, accelerometer, barometer along with features such as 5ATM waterproof among others. We expect to know more about this wearable device in the coming days.

A few months ago, in September, we reported about Xiaomi working on a new smartwatch named Xiaomi Watch Color based on the trademark application filed by the Chinese company, along with the trademark for the MIX Alpha.

The announcement of this Xiaomi Watch Color comes just weeks after the company launched the Mi Watch Forbidden City Edition on its crowdfunding platform for a price of 1,299 yuan (~$186) against its regular price of 1,699 yuan (~$243). In terms of design, the watch is very similar to the Mobvoi Ticwatch C2.

Meanwhile, there are also reports claiming that the company is getting ready to launch a new Xiaomi Watch Pro which will come with a circular dial, unlike the standard Xiaomi Watch which has design similar to the Apple Watch.

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