Momenta Completes Hong Kong IPO at 295.6 HKD/Share, Market Cap Exceeds 70 Billion HKD

Momenta completed its Hong Kong IPO listing today with an IPO price of 295.6 HKD per share, achieving a market capitalization exceeding 70 billion HKD. The public offering portion received 414 times oversubscription, and the stock opened slightly higher. Assuming full exercise of the over-allotment option, the global offering comprises approximately 22.93 million shares with total fundraising of around 6.8 billion HKD.
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