Momenta climbs on Stellantis' JV tie-up to develop intelligent driving technology

Stellantis N.v

29/09/2026 08:03

** Shares of Momenta Global 6880.HK climb 2.1% to HK$154, on course for the biggest one-day gain since September 18
** Stock on track to snap six consecutive sessions of decline
** The Chinese autonomous driving solutions provider has agreed to work with a Stellantis STLAM.MI joint venture to develop advanced driver-assistance technology, it said on Monday, adding Jeep and Peugeot to its growing roster of global brands
** Since market debut on July 8, stock down 48.3% from HK$295.60 apiece offer price 
** YTD, Hang Seng TECH Index .HSTECH down 22.8%
     
     

(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))