Key facts
- London's IPO market is expected to remain subdued through 2026 and into 2027.
- Political uncertainty and market volatility are cited as reasons for the IPO lull.
- Companies are delaying their IPO plans, with many pushing them to next year.
- Chinese copper foil producer Londian Wason New Energy Tech is targeting a U.S. IPO.
- Londian Wason aims for a valuation of up to $1.7 billion.
- The company plans to raise up to $78.6 million.
- Londian Wason will offer approximately 3.6 million American Depositary Shares.
London's initial public offering (IPO) market is projected to experience a continued lull, with expectations that the subdued activity will extend through 2026 and into 2027. This prolonged quiet period is attributed to a confluence of factors, including ongoing domestic and overseas political upheaval, persistent market volatility, and a discernible lack of clear government policy. Consequently, numerous companies are delaying their listing plans, with many opting to postpone their IPOs to the following year.