Momenta will begin evaluating investor interest in its Hong Kong IPO.
Sources familiar with the matter said that Momenta Global Ltd. will begin evaluating investor interest in its initial public offering in Hong Kong as early as this week. The autonomous driving technology startup, backed by General Motors and Tencent Holdings, has received approval for its stock listing on the Hong Kong Stock Exchange and submitted its listing documents for the hearing on Tuesday. The sources added that discussions are still ongoing and transaction details may change.
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