New Markets
Monday, 6/29, 12:44 AM
China's Momenta Targets a ~$751 Million Hong Kong IPO for Self-Driving
- Momenta, a Chinese self-driving technology firm backed by Toyota, Mercedes-Benz and General Motors, is seeking to raise up to about $751 million in a Hong Kong IPO to fund its autonomous-driving push — the latest big Chinese tech name to tap a reviving Hong Kong market.