New Stock News | It is rumored that Chinese self-driving company Momenta will relocate its IPO from the US to Hong Kong. Company response: No decision has been made on the listing plan.

According to Zhixin Finance APP, it has been reported by the media that due to the escalating tensions between China and the United States, Chinese autonomous driving developer Momenta is considering changing the location of its initial public offering from New York to Hong Kong. It is said that Momenta has informed some investors that they might go public in Hong Kong next year, but the plan is still in the early stages and subject to change. The timing of the IPO, the fundraising amount, and the valuation are still undetermined. In response to this, Momenta clarified that the company has not made any decisions regarding the IPO plans, including the location of the listing. They also stated that the claim of informing investors about listing in Hong Kong next year is not true, and the company has not announced or confirmed any fundraising activities or participants before the listing.