On July 27, MOMENTA-W fell 4.11% in regular trading, trading at HK$242.6 per share, with turnover of HK$928,400. The stock has been under sustained selling pressure as the market digests a prior positive catalyst.

On the news front, MOMENTA-W surged over 10% intraday on July 21 after announcing it had obtained Shenzhen's L4-level Robotaxi road testing permit. Since then, the stock has retreated over consecutive trading sessions as profit-taking pressure intensified. The company remains in a loss-making stage with its stock price still below its IPO price of HK$295.60, limiting fundamental support for the near-term share price.

MOMENTA-W is a leading autonomous driving company ranking first globally among independent intelligent driving solution providers by city NOA deployment volume. Its Robotaxi operations now span Shanghai, Suzhou, Wuxi, and Shenzhen domestically, with overseas presence in Munich and Abu Dhabi. The company is currently in the early stage of deploying L3/L4 autonomous driving solutions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)