Changes in Hong Kong stocks | MOMENTA-W (06880) rose more than 4%. The company obtained L4 testing permits across Germany or paved the way for Uber's European project

The Zhitong Finance App learned that MOMENTA-W (06880) rose more than 4%. As of press release, it had risen 3.78% to HK$280.2, with a turnover of HK$18.411,400.

According to the news, on July 29, Momenta announced that it has officially obtained permission from the German Federal Motor Vehicle Transport Authority (KBA) to conduct L4 autonomous driving tests on urban roads throughout Germany. This is the first time that a Chinese company has obtained an L4 test qualification covering urban roads across the country in Germany. It is also considered by the market to fully pave the way for Uber's European project.

According to public information, Uber received 397,600 shares in Momenta's Hong Kong stock listing and placement through its wholly-owned subsidiary SMB. According to the previous Momenta prospectus, SMB participated in its Series C financing completed in September 2025 and held 791,055 preferred shares. So far, Uber has held a total of about 1.1887 million shares in Momenta. The relationship between the two parties was further expanded from business cooperation to “business cooperation+capital holding”.