News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
CN Autonomous Driving Startup Momenta Denies Seeking New Funding Round at USD5B+ Valuation
Momenta, a Chinese autonomous driving startup, is seeking to raise funds at a valuation significantly higher than USD5 billion, Bloomberg reported, citing sources.It is understood ...
Reset
Send
The window will close in 5 seconds
CN Autonomous Driving Startup Momenta Denies Seeking New Funding Round at USD5B+ Valuation
Close
Recommend
7
Positive
10
Negative
3
 
SHORT SELL
 
STOCK INFO

Momenta, a Chinese autonomous driving startup, is seeking to raise funds at a valuation significantly higher than USD5 billion, Bloomberg reported, citing sources.

It is understood that Momenta is working with advisors to assess potential investor interest, with an initial fundraising amount of over USD100 million.

Related NewsDaiwa Lists Top Picks for CN/ HK Mkts (Table)
In response, Momenta, backed by Temasek, TENCENT (00700.HK)  +16.000 (+2.484%)    Short selling $2.41B; Ratio 17.890%   , and a fund owned by Jack Ma, said that the figures and progress reported were inaccurate, but it refused to disclose more specific details.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-29 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.