Momenta has disclosed the results of its latest share placement, setting its listing price at HK$295.6 per share.

Assuming the full exercise of the over-allotment option, the global offering comprises approximately 22.93 million shares, raising total proceeds of around HK$6.8 billion.

Market subscription data shows the public offering portion was oversubscribed by 413.6 times.

The international offering portion attracted institutional orders exceeding HK$100 billion, covering sovereign and long-term funds from 15 countries and regions, with total subscription (excluding cornerstone investors and pre-greenshoe) reaching approximately 44 times oversubscription.

The anchor investor list for this offering has been obtained, including Singapore's Government Investment Corporation (GIC), Fidelity International, BlackRock, Franklin Templeton, China Investment Corporation (CIC), Abu Dhabi Investment Authority (ADIA), Canada Pension Plan Investment Board (CPPIB), Wellington Management, Schroders, Temasek, J.P. Morgan Asset Management (JPMAM), T. Rowe Price, Barings, Pictet, Goldman Sachs Asset Management (GSAM), UBS Asset Management (UBS GAM), Aberdeen Standard Investments, Oman Investment Authority (OIA), Dragoneer Investment Group, Janus Henderson Investors, Amundi, Deka Investment, DWS Group, and Union Investment.

This lineup demonstrates a collective global long-term commitment.

It is reported that the long-term subscription amount alone exceeded 15 times oversubscription.

Furthermore, Momenta's IPO introduced a cornerstone investor group comprising 14 institutions, with total cornerstone subscriptions amounting to approximately HK$3.0 billion (about US$376 million).

On the same day, Momenta announced that the deployment scale of its mass-production business has surpassed 1 million units.

To date, the company has delivered over 100 mass-production vehicle models and secured designations for more than 210 models.

The company is scheduled to list on the Hong Kong Stock Exchange on July 8th.