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Hong Kong IPO

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Editorial image for Toyota-Backed Chinese Self-Driving Startup Momenta Gains Nearly 2% in Hong Kong IPO Debut

business

Toyota-Backed Chinese Self-Driving Startup Momenta Sees Mixed Investor Response in Hong Kong IPO

Momenta raised $750 million in its IPO, with shares opening nearly 2% higher before ending flat amid investor caution over profitability.

Jul 8, 2026, 8:26 AM Nikkei Asia

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