Type: growth

Momenta (unknown) Shares Rise 3% in Hong Kong Stock Market Debut

07/07/2026, 07:35 PM growth auto
Momenta, a Chinese autonomous driving company, successfully debuted on the Hong Kong Stock Exchange, raising $751 million and seeing its shares rise 3% on the first day of trading. This IPO highlights the growing interest and investment in the autonomous vehicle sector, particularly in Asia.

Even Realities Technology, a Chinese smart-glasses startup founded by former Apple employee Will Wang, achieves unicorn status with $150 million funding from Tencent and Meituan

07/06/2026, 03:36 AM economy growth ai consumer
Even Realities Technology has achieved unicorn status with a $1 billion valuation following a $150 million funding round led by investors including Tencent and Meituan. This development highlights the growing competition in the smart glasses market, particularly against established players like Meta Platforms.