business
Momenta prepares $1bn Hong Kong IPO at $9bn valuation
Key takeaways
- Momenta prepares $1bn Hong Kong IPO at $9bn valuation.
- The listing is expected to value the company at roughly $9bn, the report said, citing people familiar with the matter.
- Its investors include General Motors, Toyota Motor and SAIC Motor.
Momenta prepares $1bn Hong Kong IPO at $9bn valuation. The regulator said it had approved the filing based on the materials submitted by the company. Credit: Robert Way / Shutterstock.com · Just Auto · Robert Way / Shutterstock.com Kuldeep Jha Mon, June 22, 2026 at 6:25 PM GMT+7 1 min read TM 600104.SS GM UBER MBG.DE Chinese autonomous-driving company Momenta is preparing for a Hong Kong initial public offering (IPO) that could raise about $1bn, The Wall Street Journal reported.
The listing is expected to value the company at roughly $9bn, the report said, citing people familiar with the matter.
Momenta is based in Suzhou, Jiangsu. Its investors include General Motors, Toyota Motor and SAIC Motor.
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