Movement Alert|MOMENTA-W Rises 3.26% in Regular Trading, Robovan Business Landing in Suzhou Fuels Continued Momentum

Market Focus07-30

On July 30, MOMENTA-W rose 3.26% in regular trading, trading at HK$278.8/share, with turnover of HK$14.70 million.

On the news front, the company's Robovan (unmanned logistics vehicle) business has officially launched in Suzhou Xiangcheng, rapidly expanding into scenarios including express delivery and nighttime delivery. This milestone marks the extension of the company's L4 commercialization from Robotaxi into unmanned freight, forming a multi-segment layout spanning passenger intelligent driving, ride-hailing, and autonomous logistics.

The stock had previously surged as much as 10.8% on July 21 after receiving L4-level Robotaxi road testing permits in Shenzhen, but subsequently pulled back over multiple sessions as the positive catalyst was digested. The Robovan landing announcement has provided fresh catalytic momentum, helping restore market sentiment. Since its IPO on July 8 at an offer price of HK$295.60 per share with approximately HK$5.6 billion in net proceeds, the company has demonstrated expanding commercialization pathways across autonomous driving verticals.

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