Momenta Goes Public, Market Value Exceeds HKD 70 Billion
By: rootdata|2026/07/08 11:31:49
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Momenta has completed its listing on the Hong Kong Stock Exchange, with an IPO price of HKD 295.6 per share. The public offering was oversubscribed by 414 times, and the stock opened with a slight increase, reaching a market value of over HKD 70 billion at one point. Assuming full exercise of the "green shoe" option, approximately 22.93 million shares were globally offered, raising a total of about HKD 6.8 billion. Momenta announced that its volume production business has surpassed 1 million units.
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