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GM-Backed Self-Driving Company Momenta Readies For US IPO Launch: Report - General Motors (NYSE:GM)

Auto giant General Motors-backed Beijing Momenta Technology Co., a Chinese self-driving firm, has quietly filed for a potential IPO in the U.S., report says. Momenta reportedly aims to raise $200-$300 million through share sales, with discussions ongoing. The move underscores Momenta's rapid growth and signifies a significant step in its global expansion strategy.
Hong Kong Jack Ma Motors Co Microsoft Research Asia China International Capital Corp Card Program Shift To Barclays

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Forget About Tech. Shiyue Daotian Cooks Up Hot IPO With Premium Rice

Key Takeaways: Shiyue Daotian has sizzled in the week since its trading debut, as investors bet on its position as one of China’s top premium rice sellers The company’s pre-IPO backers include such big names as HongShan and Mubadala Capital, owned by Abu Dhabi’s sovereign wealth fund By Edith Terry
Hong Kong Abu Dhabi Zhao Shulan Shijie Daotian Wang Bing Shiyue Daotian

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