On July 8, 2026, MOMENTA GLOBAL LIMITED (“Momenta”, stock code: 6880.HK) was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming Hong Kong’s “first physical AI stock”. Momenta raised approximately HKD5.89 billion from the listing (approximately HKD6.78 billion assuming the over-allotment option is exercised in full).
As a global leading autonomous driving company, Momenta has integrated mass-production vehicle solutions with Robotaxi solutions through its proprietary “one flywheel, two-leg” strategy, taking the lead in establishing a scalable closed loop between technology and commercialization in the industry. According to relevant statistics for the 12 months ended February 2026, Momenta ranked first among all independent intelligent driving solution providers globally in terms of both sales volume of vehicles equipped with its urban NOA solutions and the cumulative number of mass-produced vehicle models, underscoring its commercialization capabilities and leading market position.
As Momenta’s long-standing trusted partner, Fangda Partners has supported the client’s growth through one-stop and full-spectrum legal services, deeply participating in and witnessing each key milestone in Momenta’s development. Fangda provided full legal support for Momenta’s previous private equity financing rounds, and acted as the issuer’s PRC legal counsel and data compliance counsel in this listing. The Fangda team participated in and led core legal work for the CSRC filing application and review communications, legal due diligence, and other key legal matters in the listing process, providing high-quality and efficient services that offered solid support for the successful completion of the listing.
Fangda’s listing team was led by partners Jeffrey DING, WEI Jianbo, Cassie CHANG and Travis XU. Team members included LI Shuo, Zoe HU, Jaden JI, Jasrine SUN, Joshua GUO, Julian LV, Elaine TANG and Iris TONG. The data compliance team was led Gil ZHANG and LI Huihui. Team members included LIU Yanbin and XIA Yuwei.
Fangda’s private equity financing team was led by Amanda ZHOU, Jessica JIANG and HUA Nan. Team members included Natalie CAI and JIN Rong.