Xiaohongshu sparked the craze among Americans for learning

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Most Chinese concept stocks closed higher, with KWEB falling 0.28%. TSMC rose 3.86%. TSMC’s current quarter results and next quarter guidance exceeded expectations. The company’s 2025 capital expenditure guidance exceeded expectations, refuting rumors that CoWoS will cancel orders. Alibaba fell 0.01%, Pinduoduo fell 0.44%, Jingdong rose 0.14%, Ideal rose 0.91%, Xpeng rose 6.28%, Futu rose 0.34%, Weilai rose 1.46%, Miniso rose 0.97%, Ji Krypton fell 0.97%, EH rose 1.07%.

Most large technology stocks ended lower. Apple closed down 4.04%. Canalys data shows that in the fourth quarter of 2024, Apple mobile phone shipments fell 25% year-on-year. Nvidia fell 1.96%. Nvidia purchase rich people user data and MediaTek will jointly launch the first system-on-chip (SoC) designed specifically for Windows on Arm devices. Microsoft fell 0.41%. Microsoft CEO talked with Trump and Musk and promised to invest US$80 billion in AI data centers around the world. Google fell 1.3%, Amazon fell 1.2%, Meta fell 0.94%, and Tesla fell 3.36%. Trump nominated Secretary of Transportation: Tesla FSD and smart summon safety issues will be strictly investigated. Broadcom rose 0.62%, Walmart fell 0.04%, Eli Lilly rose 1.45%, PLTR rose 1.61%, APP fell 0.9%, and AXON rose 1.01%.

03 Daily Focus

Chinese, and Duolingo users surged

1.16 As the effective date of ’s ban in the United States approaches, a large number of American users who call themselves “ refugees” flock to Xiaohongshu. Many of these users choose to use a translator first when posting on Xiaohongshu, and then post in Chinese or in both Chinese and English. The exchanges between netizens from the two countries have also triggered an upsurge in foreigners learning Chinese.

Duolingo recently announced that between December 1 last year and January 13 this year, the number of U.S. users who started learning Chinese on the app surged by approximately 216% compared with the same period last year.