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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 unveiled, more details coming January 3

After releasing its first “Mi” branded smartwatch in November with the Mi Watch, Xiaomi quietly unveiled the new Watch Color although without the core specs and pricing details which are expected to come on January 3 when the watch goes on sale in China.

From the teasers, we know the Xiaomi Watch Color is packing a circular display which is believed to come with a 1.39-inch diagonal and 454 x 454 pixel resolution. It will likely support all the standard fitness tracking features as well as heart rate sensor, accelerometer and barometer. It’s also expected to be swim-proof as teased by one of the product images.

 
Xiaomi Watch Color official posters

One of the key selling points will be the multitude of colorful watch bands which will allow users to match the watch to their style. We also see it will come in at least three casing colors with silver, gold and black. As usual, we’ll update you once we have more info.

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