The Ant Group IPO Halt as a Natural Experiment on Chinese Fintech Regulation, Firm Valuations, and Shadow-Lending Contraction: A High-Frequency Event Study with Synthetic-Control Validation
The study exploits Ant Group's suspended IPO in November 2020 as a natural experiment, finding that highly exposed firms suffered roughly 21 percentage point abnormal returns and experienced a 42% contraction in shadow-loan balances.
Featured in No. 133 on 2 Oct 2026 · 2 days after release
- Released
- 30 Sep 2026
- First featured
- No. 133 · 2 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7545235
- Authors
- Yang Lio
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).