Momenta Lists on the Hong Kong Stock Exchange

[Company Listing] Momenta has officially listed on the Main Board of the Hong Kong Stock Exchange under the stock code “6880.HK”.

Core Development: The First Physical AI Stock Gains Strategic Endorsement from Global Automakers

Momenta went public on July 8, 2026, with an issue price of HK$295.6 per share, opening at HK$301, giving it a market capitalization of approximately HK$71 billion. Its public offering was oversubscribed by 414 times, while the international offering attracted institutional orders exceeding HK$100 billion.

Key Metrics: Dual Drivers of Mass Production Deployment and Capital Validation

Vehicles equipped with Momenta’s systems have surpassed 1 million units in production volume, with over 100 models delivered and 210 models awarded for future deployment. If the full over-allotment option (“greenshoe”) is exercised, total proceeds will amount to approximately HK$6.8 billion.

Strategic Foundation: Deep Integration with Automakers Builds a Competitive Moat

Mercedes-Benz and BYD are cornerstone investors, while SAIC Motor, General Motors, Toyota, Hyundai, and Chery have all made strategic equity investments at critical stages, elevating Momenta from a supplier to a “strategically symbiotic” partner.