Physics AI company Momenta officially went public, with its market value exceeding HK$70 billion.

Momenta officially listed on the Hong Kong Stock Exchange (stock code 6880.HK), becoming the "first stock in the field of physics AI." On its first day of trading, it opened more than 6% higher, with a total market capitalization exceeding HK$70 billion and raising approximately HK$6.8 billion. The public offering was oversubscribed by 414 times, with 14 top cornerstone investors, including GIC, Fidelity, Mercedes-Benz, and BYD.