Latest Headlines

Reporting and Analysis by David Wong.

DAVID WONG 2026-07-09

GM-Backed Momenta Makes Muted Hong Kong Debut After $751 Million IPO

Momenta, an autonomous driving technology firm backed by General Motors, has made a subdued entry into the Hong Kong stock market following a successful IPO that raised $751 million. The company's debut reflects the cautious sentiment prevailing in the market amidst ongoing economic uncertainties.

DAVID WONG 2026-07-08

Momenta Aims High with $751 Million Hong Kong Listing

Chinese robotaxi firm Momenta has set its Hong Kong listing price at the top end of expectations, aiming to raise $751 million. This move marks a significant step for the company in its pursuit of expanding its autonomous vehicle operations.

DAVID WONG 2026-07-08

Luxshare Raises $3.1B in Hong Kong’s Largest IPO of 2026

Luxshare Precision Industry Co., Ltd. has successfully completed Hong Kong's largest initial public offering (IPO) of 2026, raising a staggering $3.1 billion. The IPO was priced at the top of its range, reflecting strong investor demand and confidence in the company's growth prospects.