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.” ...
Post a Comment

Japan planning to launch 6G by 2030: Report

Japan is reportedly planning a comprehensive strategy for "post-5G" (6G) technology by 2030 and it is believed that the new technology will be 10-times faster than the current 5G.

The Ministry of Internal Affairs and Communications of Japan will set up a government-civilian research society in January under the chairmanship of the University of Tokyo Goshinjin, and under the direct supervision of the General Affairs Minister Takao Sanae, GizmoChaina reported on Monday.

Additionally, people from NTT and Toshiba will also be invited to discuss 6G performance goals and policy support by June. The government will promote the development of 6G technology.

US-based investment banking and financial service company, Goldman Sachs, has forecast a hefty 200 million 5G smartphone shipments globally in 2020.

The new predicted value is about 20 times more than the sales figure of 2019.

According to estimates, there will be about 1 million new 5G base stations in China in 2020. This is higher than the original 600,000 prediction by Goldman Sachs.

Additionally, Chinese smartphone manufacturer Xiaomi co-founder Lei Jun announced the company is planning to pump $7 billion in 5G, AI and IoT over the next five years.

Comments

Post a Comment

Popular posts from this blog

Best phones of 2019: The Winners

Here are the winners - the best phones of 2019 in three major categories - Flagship, Midrange, Entry-level, have been selected by you, our readers, throughout the last two weeks. We started with a preliminary public vote where over 20 devices per category were competing to enter the final round. The Top 5 devices were sent to another vote where over 70,000 readers picked what they think the best phone is. Without further ado, here are the winners: Best flagship of 2019 - Samsung Galaxy Note10+ The latest flagship by the Korean manufacturer collected a third of the votes in the final round, leaving the OnePlus 7T Pro with its 20% of the votes far behind. The Note lineup wins the public prize for best flagship a second year in a row, after the Note9 snatched the win 12 months ago. Samsung Galaxy Note10+ OnePlus 7T Pro Winner Runner-up Best midranger of 2019 - Xiaomi Redmi Note 8 Pro The Redmi Note 8 Pro's win in the mid-range category was the most dominant of all. The phone got over ...
Post a Comment
Read more