Momenta Global Ltd., a Chinese autonomous-driving firm, opened 1.8% higher in Hong Kong on Wednesday after raising HK$5.9 billion ($752 million) in an initial public offering, testing market appetite for loss-making firms that offer promising technologies.
Momenta Global Ltd., a Chinese autonomous-driving firm, opened 1.8% higher in Hong Kong on Wednesday after raising HK$5.9 billion ($752 million) in an initial public offering, testing market appetite for loss-making firms that offer promising technologies.
<iframe src="https://statesidedaily.com/embed/cluster/933dc12c33f17ff95f42cf277791348d7c062787" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="GM-Backed Momenta Rises in HK Debut After $752 Million IPO"></iframe>
