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GM-Backed Self-Driving Firm Momenta Seeks $752 Million in Hong Kong IPO

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2026-06-29 03:40:41
Autonomous-driving firm Momenta Global Ltd. has started taking investor orders for its Hong Kong initial public offering to raise HK$5.9 billion ($752 million), according to Bloomberg.

The GM-backed company is seeking to capitalize on a multiyear high for share sales in the city, Bloomberg reported.
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