Momenta's IPO in the US is approved and may raise US$200-300 million

Chinese autonomous driving company Momenta has obtained the China Securities Regulatory Commission's overseas listing registration notice and plans to list on the Nasdaq or NYSE in the United States and issue no more than 63.3529 million common shares. The company has cooperated with Qualcomm Technologies and has received investments from BYD, SAIC Motor and other companies.