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<IPO>CN Autonomous Driving Tech Firm Momenta Said to Secretly File for HK IPO, Potentially Raising at Least US$1B
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Chinese autonomous driving technology company, Momenta, has secretly filed for an IPO in Hong Kong, potentially aiming to raise at least US$1 billion in the IPO, Bloomberg quoted sources as saying. It is reported that Momenta is backed by General Motors (GM.US) and TENCENT (00700.HK), and is working with CICC (03908.HK) and Deutsche Bank on the listing matters. Meanwhile, the Company has also been meeting with investors to gauge their initial interest in the Company's IPO. AASTOCKS Financial News Website: www.aastocks.com |
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