China autonomous-driving developer Momenta plans to list in Hong Kong to raise $1 billion. According to Ming Pao, The Wall Street Journal cited sources as saying the company is valued at about $9 billion and has been described by the market as the first “physical AI” stock.
The report said Momenta has received pre-IPO investments from Toyota Motor and SAIC Motor.
Momenta Plans Hong Kong IPO to Raise $1 Billion, WSJ Reports
2026-06-19 10:24:28
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