At the Hong Kong close, the Hang Seng Index rose 0.2% and the Hang Seng Tech
Index fell 1.25%. New Oriental (09901.HK) rose 18.8%, JD Logistics (02618.HK)
gained 3.5%, Zhipu (02513.HK) fell 16.5%, and Zhongji Xuchuang (03308.HK) closed
down 2% on its first day of trading.