On July 24, MOMENTA-W declined 4.36% in regular trading, trading at 261.4 HKD/share, with turnover of HK$1.0405 million.

The decline reflects continued profit-taking pressure following the digestion of a prior positive catalyst. On July 21, the stock surged over 10% intraday after the company announced it had officially obtained the Shenzhen Intelligent Connected Vehicle L4-level Robotaxi road test permit. Over the subsequent three trading sessions, the positive news has been progressively priced in, with persistent selling pressure from short-term investors locking in gains. Additionally, the company remains in a loss-making stage and has not yet achieved breakeven, limiting fundamental support for short-term share price performance.

MOMENTA-W is a leading autonomous driving company, ranking first among all independent intelligent driving solution providers globally in city NOA deployment volume. The company is currently in the early stages of deploying L3/L4 autonomous driving solutions and continues to advance toward higher levels of automation.

(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.)