Latest news with #Selected
Time of India
2 days ago
- Business
- Time of India
Labubu doll craze bet pays off for Chinese fund manager who drops liquor stocks to ride Gen Z's emotional spending wave
A 30-year-old fund manager in China is defying traditional investing strategies by turning to Gen Z trends. Xie Tianyuan, who manages the Penghua Selected Return Flexible Allocation Mixed Fund, has delivered a 24% return so far this year. This places his fund in the top 3% of nearly 2,300 funds, according to Bloomberg. Instead of betting on long-favored sectors like technology or liquor, Xie shifted his focus to emotional consumer brands, including Pop Mart, the company behind the popular Labubu dolls. A strategic shift to emotional consumption After taking over the fund in 2024, Xie made a key change—he replaced the fund's top holding, liquor producer Kweichow Moutai Co., with Pop Mart. Pop Mart now holds a 10.5% share in his portfolio, the highest permitted by his investment guidelines. Explaining his approach, Xie said, 'I pick companies that have breakthrough products, new business models and innovative sales channels, products that are both visually appealing and fun.' Gen Z trends lead portfolio direction Xie, who grew up immersed in Japanese anime culture, credits that experience for helping him spot design trends and character appeal. He blends his personal interests with online research to identify rising brands. His other major holdings also reflect Gen Z consumer behavior. They include Mao Geping Cosmetics, which has surged 83% this year, pet food brand Yantai China Pet Foods, and Chongqing Baiya Sanitary Products. He believes consumer behavior is changing fast. 'The line between what is considered 'old' and 'new' consumption is blurring,' he said. 'Even old trees can sprout new shoots,' he added, emphasizing that traditional companies may have to reinvent themselves to survive. Regulatory risks remain Despite Pop Mart's success, the brand isn't immune to risk. Recently, its shares declined after Chinese state media called for stricter oversight of 'blind box' toys—products sold in mystery packaging to encourage repeat Tianyuan's bet on emotional consumption reflects a shift in China's investing landscape shaped by Gen Z consumer behavior. To stay updated on the stories that are going viral follow Indiatimes Trending.
Web Release
01-05-2025
- Entertainment
- Web Release
Revelle27 Drops Reflective New Single Capturing Nostalgia with 'Hands of Time'
By Editor_wr On May 1, 2025 Revelle27, the personal project of British DJ/producer Laurie Revell (also one half of the globally streamed duo Just Kiddin), today shares his evocative new single 'Hands of Time'. Following the emotionally charged 'Mother' on Selected which amassed over 10 million streams, this latest offering sees Revelle27 transform themes of longing and the past into an undeniably uplifting sonic experience. 'Hands of Time' beautifully blends rhythmic textures, joyful percussions, and spirited melodies with character and finesse. Revelle27 gently guides listeners into a reflective yet warm space reminiscent of a sun-drenched memory, where delicate melodies intertwine with spirited, joyful rhythms. Like a cherished photograph brought to life, 'Hands of Time' blends a tender nostalgia with an undercurrent of elevating energy, painting a sonic picture of moments longed for but embraced with a powerful optimism. Revelle27 elaborates on the inspiration behind the track: 'It's the feeling of wanting to go back and experience the past again, do the things we don't do so much any more, spend time again with the people we've lost, and cherish it even more this time, hoping maybe we could do things a little differently. It's OK to have regrets, it's OK to want to go back. I allow myself to feel these things sometimes, for a moment, in a daydream. Have a cry. Get it all out. Then come back to reality, in pursuit of embracing every moment.' The release of 'Hands of Time' also signifies a key moment in Revelle27's artistic evolution, arriving via his new independent label, Dance Music Therapy. This platform allows Laurie Revell to delve into more introspective and emotionally resonant soundscapes, blending profound reflection with the compelling energy of the dance floor, creating a unique space where vulnerability meets euphoria. Prev Post Get a Grip on Glow with SHEGLAM's Newest Prime & Set Spray Comments are closed.
