Momenta rises 3% in Hong Kong debut after US$751 million IPO
The Suzhou-based autonomous-driving firm priced shares at HK$295.60 and plans to spend 60% of net proceeds on core technology over five years
Shares of autonomous driving firm Momenta rose 3% at the open in its Hong Kong debut after a HK$5.89 billion (US$751 million) IPO.
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