Autonomous driving firm Momenta targets $752m in Hong Kong listing
Key takeaways
- Autonomous driving firm Momenta targets $752m in Hong Kong listing.
- The offering comprises approximately 19.9 million Class A ordinary shares, split between 1.99 million Hong Kong offer shares and 17.9 million international offer shares, with an over-allotment option in place.
- The transaction values the company at roughly HK$69.6bn, with net proceeds estimated at HK$5.61bn after underwriting commissions and related expenses.
Autonomous driving firm Momenta targets $752m in Hong Kong listing. The company has scheduled international robotaxi launches in Abu Dhabi and Munich in 2026. Credit: Robert Way / Shutterstock.com · Just Auto · Robert Way / Shutterstock.com Global Data Mon, June 29, 2026 at 5:43 PM GMT+7 2 min read Autonomous driving software company Momenta has launched an initial public offering (IPO) on the Hong Kong Stock Exchange, seeking to raise HK$5.9bn ($752m) at HK$295.60 per share.
The offering comprises approximately 19.9 million Class A ordinary shares, split between 1.99 million Hong Kong offer shares and 17.9 million international offer shares, with an over-allotment option in place.
The transaction values the company at roughly HK$69.6bn, with net proceeds estimated at HK$5.61bn after underwriting commissions and related expenses.