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Momenta Completes Hong Kong IPO at HK$295.6 Per Share, Raises Approximately HK$6.8 Billion

2026-07-08 12:00:51

According to Odaily, Momenta completed its Hong Kong IPO listing on July 8 at an offering price of HK$295.6 per share. The public offering portion received 414 times oversubscription, and the stock opened with a modest gain, with market value briefly exceeding HK$70 billion. Assuming full exercise of the over-allotment option, approximately 22.93 million shares were issued globally, raising a total of approximately HK$6.8 billion. Momenta separately disclosed that its mass production business deployment has surpassed 1 million units.

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