BUSINESSJul 3 · 12:01 UTCSCMP CHINAZoe SL Chan

China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendar

Chinese autonomous-driving start-up Momenta's HK$5.89 billion Hong Kong IPO was oversubscribed 414 times, attracting 210,000 subscription applications despite competing with five other IPOs. The Suzhou-based company's bookbuilding closed on Friday.

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