
China’s Welkin Capital puts IPO on hold

China’s Welkin Capital has paused a planned USD 300m London IPO for an entity seeded with assets from its debut private equity fund, citing macro uncertainty and market volatility.
Welkin said in a filing that it was “greatly encouraged by the positive response” from the market to date but added that the decision to postpone was made in light of the feedback received. All funds...
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