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The Nexus
BUSINESSJun 29 · 07:00 UTCSCMP WORLDThemis Qi

Chinese self-driving firm Momenta eyes US$750m in Hong Kong IPO

Chinese self-driving technology start-up Momenta is raising HK$5.89 billion (US$751 million) through an IPO on the Hong Kong stock exchange, offering nearly 19.94 million shares at HK$295.60 per share. The bookbuilding, sponsored by CICC and Deutsche Bank, closes on Friday ahead of a scheduled trading debut.

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