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July 8, 2026 ai_technology technology

GM-backed Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, up 2.8% to value the company at ~$9B, after raising $751M (Jiahui Huang/Wall Street Journal)

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Jiahui Huang / Wall Street Journal: GM-backed Chinese autonomous driving company Momenta saw a muted trading debut in its Hong Kong IPO, up 2.8% to value the company at ~$9B, after raising $751M — Momenta's subdued start belied its strong investor demand — General Motors-backed Momenta's Hong Kong initial public offering …

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