Momenta Closes Dark Market Trading at HK$294.6 on July 7, Lists on Hong Kong Stock Exchange July 8

According to Xinhuanet Finance, Momenta (06880), a global physical AI company, closed its dark market trading on July 7 at HK$294.6 per share, with trading volume exceeding HK$172 million. The company will officially list on the Hong Kong Stock Exchange on July 8.

Momenta priced its IPO at HK$295.6 per share and plans to raise approximately HK$6.8 billion (assuming full exercise of the greenshoe option). The offering attracted 413.6 times oversubscription in the public tranche and over HK$100 billion in institutional demand across 15 countries and regions. The company secured 14 cornerstone investors, including GIC, Fidelity International, BlackRock, and Oaktree Capital, with total cornerstone commitments of approximately HK$3 billion.