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Momenta Reportedly Confidentially Files for HKEX Listing After Abandoning U.S. Stock Listing Plans
2025-12-03 /
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Author：小编
On December 2, Reuters, drawing on information from two sources with intimate knowledge of the situation, reported that Momenta (Beijing Initial Speed Technology Co., Ltd.), a Chinese company specializing in autonomous driving technology development, has confidentially submitted an Initial Public Offering (IPO) application to the Hong Kong Stock Exchange (HKEX). Previously, Momenta had to shelve its plans for a public listing on the New York Stock Exchange. This decision was prompted by the escalating tensions between China and the United States, coupled with the expiration of its permit to list in the U.S. market. However, in response to these reports, Momenta issued a statement denying the veracity of the news.
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