Momenta Files for Hong Kong IPO, Seeking Capital for Autonomous Tech
Update: 2025-12-02
Description
Momenta, a Chinese autonomous driving company, has confidentially filed for an IPO in Hong Kong, seeking capital for its advanced driver assistance systems. Backed by major investors like Toyota and Bosch, Momentas technology rivals Teslas self-driving features. The exact details of the offering are undisclosed, but the move follows a trend of Chinese companies choosing Asian financial hubs. The Hong Kong stock exchange has seen a surge in new listings, potentially benefiting Momentas debut.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
