Welkin Capital Management

19/12/2022

As China aims for greater self-sufficiency in its supply chains, Welkin's Samuel Chao hosts a panel of experts from the new materials and advanced optics industries to discuss the vast potential of investing in Advanced Manufacturing in China, with English subtitles available.

16/12/2022

Welkin held its first Annual Investor Day last month, drawing more than 100 leaders in industry and finance to learn about the latest trends in Chinese private equity. Founders Johnny S. Kong and Christopher Fong shared their insights on the major shifts occurring in China's economy and how private investors can take advantage of these developments. Samuel Chao hosted a panel of experts from the new materials and optics industries to discuss the vast potential of Advanced Manufacturing, as China aims for greater self-sufficiency in its supply chains.

06/12/2022

Welkin's Christopher Fong discusses the impacts of China's policy-driven environment to private equity investing.

07/09/2022

Welkin is pleased to announce the launch of WCPE, a newly established closed-ended investment company that will offer liquid and diversified access to Chinese Private Equity through a listing on the Premium Segment of the London Stock Exchange and will be the first of its kind.

WCPE will be an elegant and simplified way for public investors to gain exposure to a broadly diversified portfolio of Chinese Private Equity investments across a range of sectors, stages, maturity levels, and managers, which has previously been inaccessible to most investors.

WCPE believes there is untapped demand, especially among Asian investors, for Chinese private equity exposure and an opportunity to capture current market dislocations, primarily through PE secondaries.

"China's economy, we believe, is undergoing a structural shift over the next decade, moving away from volume-fuelled expansion to productivity-led growth. Changes in government policies over the past year, reflect this shift. While there has been a period of immense volatility in the public markets, secular growth drivers continue to provide support for long-term investment in the next stage of China’s economic transformation.

“We see valuations of private equity assets in China reaching attractive levels. At the same time, domestic equity capital markets and M&A activity are strong, so the current environment is opportune for dealmaking. We believe China’s private market can provide a vital element of diversification to any investment portfolio, and we are looking forward with confidence to creating value for shareholders."

Welkin China Private Equity Limited will seek $300m to invest in a mix of secondaries, co-investments and growth equity opportunities.

09/08/2022

Who is winning in China’s economy? Welkin MD and COO Christopher Fong and Zhou Hanyu, co-founder of our portfolio company Xinzailing, spoke to The Economist about the rise of the “little giants” and the importance the designation has in driving R&D and talent development in China’s evolving economy.

Our unique portfolio of investments is comprised of mid-market, domestic champions led by world class entrepreneurs with truly amazing products, solutions and technologies. We are excited to be playing a part in fostering China’s Mittelstand.

Read the article here: https://econ.st/3vOXIJZ

Who is winning in Xi Jinping’s economy?

15/07/2022

In the face of a volatile global economic environment investors need to stick to disciplined strategies to identify growth sectors. Welkin’s MD & CEO Johnny S. Kong and MD Samuel Chao spoke to 21st Century Business Herald how they focus on companies in China’s profitable mid-market and help them grow into sector leaders through strategies such as client acquisition and building resilient business models.

They also discussed why there are more family offices and high net worth individuals setting their sights on private equity investments. Read more:

在过去十余年间，汇勤资本投资了数十家高速增长的新经济企业，退出共有6家

27/06/2022

How do you pick hidden champions amongst China’s 45 million SMEs? Welkin Capital Management’s MD & CEO Johnny S. Kong and MD & COO Christopher Fong spoke to Asian Private Banker about how the firm targets niche market leaders of mid-market scale in the enterprise solutions and business services, advanced manufacturing, and consumer products and services industries.

For more on how Welkin utilises its extensive resources and networks on the ground in China for the benefit of “real businesses”, read here:

Unlike tech companies in need of fast money, the Chinese mid-cap market segment offers opportunities that suit family office clients, believes Welkin Capital Management. Founded in 2009 by four Asian-based families — including the family of YC Liang, a co-founder of Hang Seng Bank — the China-fo...

27/06/2022

How are the ‘little giants’ – champions of the Chinese mid-market economy - benefiting from regulatory and economic tailwinds? Welkin’s MD & CEO Johnny S. Kong and MD & COO Christopher Fong spoke to South China Morning Post about how the ‘little giants’ “represent companies with high growth at low prices, resilient and uncorrelated with many other listed Chinese equities.” Welkin focuses on investing in these leaders in the consumer economy, digital transformation and industrial innovation spaces.

Read the full article here:

Welkin Capital says low valuations have created opportunities to invest in ‘little giants’, despite challenges posed by China’s strict Covid-19 policies.

17/06/2022

Welkin MD Samuel Chao recently shared his insights with Business Network (Yicai) on the long-term market outlook in China amid recent volatility. He argued that mid-market companies will thrive and flourish in the next decade, with enormous opportunities in sectors such as high-end manufacturing, enterprise solutions and consumer industries.

Welkin believes the mid-market is the growth centre in China’s new paradigm. With the largest consumer market and industrial base in the world, the continued growth and diversification of the Chinese economy provides Welkin with the perfect environment to make successful private equity investments.

Watch the video here:

宏观环境波动，投资市场受到影响，当前是否是长期布局的好时机？哪些标的看好？

14/06/2022

Welkin’s MD & CEO S. Kong and MD Chao spoke to Kong Economic Journal about the firm’s accelerating investments in the overlooked Chinese mid-market, as the segment benefits from secular and policy tailwinds.

Leveraging its founding families’ rich heritage and extensive resources in China, Welkin delivers strategic value to its portfolio companies by helping them access new markets, source talent and optimize growth.

Read the full article here:

環球多國央行開始「收水」，二級市場的表現疲弱，連帶令到一級市場投資的估值也見回落。由兩岸三地多個知名家族成員創立的滙勤資本（Welkin），其創辦人之一兼董事總經理江山認為，一級市...

17/12/2021

Welkin wishes you a Happy Holidays!

29/12/2018

Welkin wishes you a Happy New Year!