Chinese autonomous driving firm Momenta has launched its Hong Kong IPO, aiming to raise up to $751 million to fund AI and self-driving expansion. Chinese self-driving technology company Momenta Global has launched its Hong Kong initial public offering (IPO), seeking to raise up to HK$5.89 billion ($751.1 million), according to Reuters. The IPO is expected to improve momentum in Chinese tech listings, supported by growing investor interest in AI, automation and smart mobility.