Allaudeen Hameed

Tang Peng Yeu Professor of Finance and Head of Department of Finance, National University of Singapore Business School

Allaudeen Hameed is the Tang Peng Yeu Professor of Finance and Head of Department of Finance at the National University of Singapore Business School. His research interests include return-based trading strategies, liquidity, and international financial markets. He teaches empirical investment and corporate finance.

A booth of digital finance products is seen at a fair during the INCLUSION fintech conference in Shanghai, China, 24 September 2020. (Cheng Leng/Reuters)

Economy

With Ant Group's record $34.5 billion IPO suspended, what happens next?

By Allaudeen Hameed , By Ruth Tan , By Zhang Weina 06 Nov 2020

Jack Ma’s fintech company Ant Group had it all planned out. It would bypass American stock exchanges and proceed with a dual listing on the Hong Kong Stock Exchange and Shanghai’s STAR Market, which would have raised an estimated US$34.5 billion, the biggest IPO in history. Now that the IPO has been suspended, what happens next?