Momenta Debuts on Hong Kong Stock Exchange: Opens Up 6%, Market Cap Exceeds HK$70 Billion
Physical AI company Momenta officially listed on the Hong Kong Stock Exchange on July 8 under ticker 6880.HK. The stock opened up over 6%, with market capitalization exceeding HK$70 billion. Priced at HK$295.6 per share, the global offering of approximately 22.93 million shares raised about HK$6.8 billion. Market demand was exceptionally strong: the public offering was 414x oversubscribed, while the international placement was covered over 10 times. As a leading autonomous driving company, Momenta's listing signals further maturity of China's intelligent driving industry chain in capital markets.
397 views2026-07-08
