<div id="readability-page-1" class="page"><div><p>According to Sina Tech citing sources, autonomous driving company Momenta has recently confidentially submitted a listing application to Hong Kong Exchanges and Clearing (00388.HK)<span> </span><span> -5.200 (-1.262%)  </span> <span> Short selling $269.72M; Ratio 62.448%  </span>  and initiated its IPO process. Ahead of the IPO filing, Momenta completed a pre-IPO financing round of approximately USD500 million (approximately HKD3.9 billion). Investors in the round included Stone Venture from the United Arab Emirates, Gaorong Capital and Gaocheng Capital.</p><p>Previously, Momenta secured backing from venture capital and private equity funds including Shunwei Capital, Innovation Works, ZhenFund and Yunfeng Fund. It has also received multiple rounds of strategic investment from industry players such as Mercedes-Benz, SAIC Motor (600104.SH)<span> </span><span> -0.200 (-1.440%)  </span>  and Toyota China, bringing its cumulative funding to more than USD1.261 billion (approximately HKD9.836 billion). (ec/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-23 16:25.) (A Shares quote is delayed for at least 15 mins.)</p></div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p></div>

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<p>Momenta, an autonomous driving company, has confidentially filed for a listing on the Hong Kong Exchanges and Clearing (HKEX) after securing USD 500 million in pre-IPO financing. The funding round included investors such as Stone Venture, Gaorong Capital, and Gaocheng Capital. Momenta has raised over USD 1.261 billion in total funding from various venture capital and strategic investors, including Mercedes-Benz and Toyota China.</p>

- Autonomous driving company Momenta has confidentially submitted a listing application to Hong Kong Exchanges and Clearing and initiated its IPO process.  
- The company completed a pre-IPO financing round of approximately USD 500 million, with notable investors including Stone Venture, Gaorong Capital, and Gaocheng Capital.  
- Momenta has raised over USD 1.261 billion in cumulative funding from various venture capital firms and strategic investments from major industry players like Mercedes-Benz and Toyota China.

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Momenta Reportedly Secures USD500 million Pre-IPO Financing, Secretly Files for Listing on HKEX