# Cao Xudong

Momenta’s IPO Triumph: China’s ‘Physical AI’ Pioneer Ignites the Hong Kong Market

Momenta has successfully listed on the Hong Kong Stock Exchange as the 'First Physical AI Stock,' with shares rising over 6% on day one. The IPO saw massive oversubscription from both retail and institutional investors, bolstered by the company's milestone of surpassing one million mass-produced units.