Zhang Xuefeng's Journey: A Tragic Breakthrough for the Poor and Underprivileged

The market has rebounded for two consecutive days. Currently, the core sector is electricity, which remains very strong. I checked the stocks that hit the limit and only JinKong was a hit; the others are high-priced stocks showing some loosening, like Green Power and Yuheng Energy. As long as they are not hitting the limit and breaking the limit, this remains an undisputed main line. [Taoguba]
Even if there is a correction, the main line will continue to fluctuate repeatedly. Just be cautious about chasing the highs; low-priced stocks will continue to rotate.
The only good news now is that civil aviation is allowed again. COSCO has resumed Middle East booking operations. I looked at Brent crude oil, which is currently down 4%. This is a positive for global financial markets, at least external uncertainties have been temporarily suppressed.
Another strange event today is ST Spring, which was driven up from the floor because the chairman’s name is Zhang Xuefeng, and there’s also Snow Peak Technology, which is similar.
So, do you talk about value investing? It’s a long road…
In Hong Kong stocks, the takeaway battle is over, so Meituan surged 13.92% today, basically climbing out of the mud. If there hadn’t been a call from above, it would likely have been crushed by Alibaba, but even after the end, a large part of users have shifted to FlashEx.
Additionally, Pop Mart plummeted 22.51%, mainly due to earnings falling short of expectations, including some product sales. This thing is similar to a lottery—once expectations aren’t met, it indicates fewer “chives” (retail investors), and capital will think that Wang Xiaoer’s New Year is worse than the last, year after year.
Since this product has no moat or technological content, relying on hot topics and popularity, once growth stops, the market will think it’s turning downward…
———

1. According to reports, SpaceX plans to raise over $75 billion through an IPO, causing space concept stocks to rise across the board.
   Why did the expected IPO surge? Because the initial fundraising was $50 billion, and now it’s increased by $25 billion. This is a positive for the entire industry chain. The more funds raised, the more will be invested, benefiting related space industries and also boosting A-shares in commercial aerospace.
2. Pinduoduo rose over 3%, with revenue growing more than 10% year-over-year last year, and announced the formation of “New Pinduoduo.”
   Q4 and full-year revenues both grew, and Pinduoduo’s success has relied on a late-mover strategy, basically copying others. This time, they even named it similarly to Sam’s. I don’t know what to say… They have billions in cash on hand. If this project succeeds, it will be another growth point for Pinduoduo.
   The market still has high expectations; the stock price surged 8%, which may also stimulate Pinduoduo-related concepts.
3. The Iranian Foreign Ministry spokesperson denied negotiations with the US, calling US attacks a “betrayal of diplomacy.”
   In plain terms, the market doesn’t care how much you make trouble; as long as you don’t block the roads, everything else is manageable. As long as you throw out dog-brain capital, the global stock markets don’t care. So even if Iran keeps denying, the global markets will still rebound.
4. Hengrui Medicine: Net profit expected to grow 21.69% YoY in 2025, proposing a 2 yuan dividend for every 10 shares.
   This performance is very good. Profit growth (21.7%) far exceeds revenue growth (13%), indicating that high-margin innovative drugs have become the main force, and the pitfalls of centralized procurement have been filled. Innovative drug revenue now accounts for over 58%, and the company has fully transitioned from a generic drug giant to an innovative drug leader.
   Q4 net profit surged 50% quarter-over-quarter, showing that new drug volume and overseas licensing income are accelerating. The 2 yuan dividend per 10 shares is standard; the company prefers to reinvest profits into R&D (87 billion yuan) and overseas expansion, aiming for greater future growth.
5. U.S. military-industrial giants are expanding production to meet national defense readiness needs. (Positive for military industry)
6. Tesla’s latest Optimus robot video was released. Elon Musk said mass production could be achieved by 2027. (Positive for robotics)
   ———
   Once again, Zhang Xuefeng’s name flooded social media, as if a long-overdue noise.
   I can’t help but want to talk about him again, because in the days before he was revered and his videos still a bit rough, I was already an audience—one of the earliest to hear his voice.
   Watching him go from the margins to the center, from a faint glow to a blazing sun, I was among those who listened before the storm.
   Witnessing the shift from being ignored to becoming a buzz, I understand more the absurdity and reality of this journey.
   Zhang Xuefeng’s path
   488 points was his ticket into Zhengzhou University, but also the verdict that he nearly lost his degree.
   His name is Zhang Zibiao, but people prefer to call him—Zhang Xuefeng.
   It was the cold wind of Qiqihar that blew over a poor kid whose family earned only 600 yuan a month.
   That year, he scored 488 on the college entrance exam, while his roommate next to him scored 621.
   Different fates for the same room—fate had already set the trap four years earlier.
   Four years in water supply and drainage, with failing grades piling up, and finally, his degree was washed away in the torrent of reality.
   While others sought knowledge in the scent of books in the library, he held the golden microphone on the spotlight of a host competition and won.
   At that moment, a faint but firm voice echoed in his heart: “I can do it.”
   Starting sophomore year, he struggled in the mud of life.
   Selling pirated books, handing out flyers, waiting tables, running a fly-by-night restaurant.
   Every effort seemed to sink into the sea; pockets were as empty as his face, dreams thinner than paper.
   Until that afternoon, when helping a roommate research graduate exam materials, he suddenly saw the light.
   Those dull data were broken down into jokes, and the 34 top-tier universities became a vivid Jianghu in his words.
   A seven-minute video exploded across the internet like thunder.
   Parents saw him as a living recruitment brochure, queuing up to ask.
   Publishing books, appearing on variety shows, valuation soaring—he rose to heights he once looked up to.
   He knew well that this position, rising from the mud, was earned through countless days and nights of effort.
   So he ran even harder, just to help tens of thousands of children find the right path to the future.
   A night watchman from a poor family, burning out and leaving—Teacher Zhang, are you willing?
   He fought to leap over his class, but the ending was early death.
   Is Zhang Xuefeng’s appearance a blessing of the era, or a silent tragedy?
   Once, a rural kid scored 600, happily wanting to study journalism.
   His parents nodded with a smile: “Listen to you.”
   No one knew how to choose, no resources to ask.
   They just didn’t want their children to feel that, because they were poor, dreaming was a sin.
   Later, the kid saw Zhang Xuefeng on screen.
   That night, he cried his heart out; the next day, he quietly changed his志愿.
   Three years later, he paid off his student loans and rooted himself in the city’s lights.
   I often wonder—
   Those kids with plans, connections, and direct access to the system, their world didn’t need Zhang Xuefeng.
   Zhang Xuefeng is the rough patch on the clothes of poor children, a life-saving patch, never everyone’s answer.
   Is he utilitarian? Yes, blatantly so.
   Is he extreme? Yes, painfully so.
   But ask those whose lives he changed or helped find jobs—do they hate him?
   No, they are grateful he tore away that layer of false kindness.
   What truly unsettles me isn’t Zhang Xuefeng himself, but the cruel truth of this world:
   He shouldn’t have been needed at all.
   Someone should have told these families the truth long ago—schools, teachers, society—
   But no one did.
   So it fell to him.
   To carry the guiding light for millions of poor students, and bear all the criticism and hardships.
   He burned out, hoping for dawn.
   Do you think Zhang Xuefeng’s appearance is a good thing or a tragedy?
   Perhaps, when he is no longer needed, that will be the greatest blessing of this era.
   When the gap in information is finally bridged, when every poor student can easily access the truth, when “choice” is no longer a gamble with fate,
   That night watchman who once roared in the darkness may finally rest in peace.
   He has passed, but please allow this “patch” to continue weaving the uneven fabric of the world;
   Allow that sharpness once seen as “utilitarian” to serve as a warning bell ringing in our ears.
   Because for countless children still groping in the fog,
   Though he has become a star, the path he pointed out remains the most solid way home.
   We remember Zhang Xuefeng not to wish him forever busy,
   But to hope that one day, there will be no “difficult choices” in志愿, no dreams broken by lack of information.
   May all future generations no longer have to exchange dreams for survival;
   May the light of this world no longer need to rely on burning a specific “Zhang Xuefeng” to shine.
   Teacher Zhang, rest in peace.
   Everyone, good night!