New Oriental is followed by a successful IPO For Baidu crazy.

7 <P> New Oriental was successfully listed in the United States, the first day of trading, the stock opened to $ 22, the most to reach $ 23.20, the lowest to $ 20.60, eventually closing at $ 20.88, more than warrants the price rose by 39.2 .%. .Day trading volume of 6,331,500 shares. .The NYSE composite index was 8287.81, down 57.41 the previous trading day, said. Jones industrial average was 11,331.44, compared to the previous trading day down 74.75 points. .</ P> <P> It is reported that New Oriental rose on Thursday on the first day that is 40%, which is from China, the latest in a series of IPO, it fully witnessed the imagination of Wall Street. .Because investors expect to benefit from China's growth, so from the world's most populous country of the company is a moderate pace in the U.S. stock market. .Thomson Financial said the new East from March 2004 to become the first 24 months since the IPO of the company in the United States. .Chinese companies in the IPO, the most successful is the 13 July 2005 the focus of the media (FOCUS MEDIA), rose 248% the first day of listing. .There are Baidu's, August 5, 2005 shot up 354% on the first day, becoming in 2000 the largest increase since the IPO market, since listing, the company's shares rose by 186%. .</ P>.