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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.”
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Huawei announces plans to start selling Hisilicon chipsets to other OEMs

Huawei’s integrated circuit design subsidiary HiSilicon has announced at ELEXCON 2019 tradeshow that it would be selling 4G chips on the open market, making it available to a broader client. The company, founded in 1991, had before now only provided components for its parent company – Huawei. However, the fabless semiconductor brand is now hoping to expand its horizons with new partnerships and new products.Hisilicon

The chipmaker also explained that while it would still be designing components for Huawei, it’s able to do business with other firms. The firm also unveiled several products that showed off its versatility as a semiconductor fabless supplier.

To start, the firm reintroduced its Camera line of products under the revamped Smart Vision brand. The series will provide perception computing products for consumer and automotive electronics. The line’s core product is a processor called the Hi3559C, which supports 8K HEVC video at 30 frames per second.

Further, HiSilicon also announced the merger of its set-top box and television lines into a new umbrella brand called Smart Media. The segment will be home to a host of high-performance Linux-based System-on-Chips and 4K/FHD display processors.

Finally, the Huawei subsidiary announced plans to establish a significant presence in the emerging Artificial Intelligence of Things (AIoT) sector. The AIoT sector has several players such as Xiaomiwith a growing range of products. Huawei’sentrance will indeed fast track the growth of the sector.

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