autonomous-driving
Coverage of autonomous-driving in the Nexus archive.
- 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.
- China’s Momenta IPO oversubscribed 414 times as Hong Kong listings pack calendar
Chinese autonomous-driving start-up Momenta's HK$5.89 billion initial public offering in Hong Kong was oversubscribed 414 times, attracting nearly 210,000 subscription applications despite competing with five other IPOs. The company, based in Suzhou, closed its bookbuilding process on Friday.
- Momenta moves closer to Hong Kong IPO after US listing setback
Chinese autonomous-driving start-up Momenta is advancing toward a Hong Kong IPO after a US listing setback, with China's securities regulator approving the proposed share sale. This follows a trend of Chinese intelligent-driving firms seeking funding for research, development, and expansion.