Andrew J. Sinclair
Dr. Andrew J. SINCLAIR
Finance
Assistant Professor

3917 4180

KK 1117

Academic & Professional Qualification
  • Ph.D., Yale University
  • M.Acc., University of Waterloo
  • Hons. B.Sc., University of Toronto
Biography

Dr. Andrew SINCLAIR received his Ph.D. degree in financial economics from Yale University in 2017. He also holds a master’s degree in finance from the University of Waterloo, and a bachelor’s degree in actuarial science from the University of Toronto.

His research studies the financial intermediation, asset management, and the Chinese economy.

Research Interest
  • Financial Intermediation
  • Asset Management
  • The Chinese Economy
  • Financial History
Selected Publications
  • “Banking on the Confucian Clan: Why China Developed Financial Markets So Late,” (with Zhiwu Chen and Chicheng Ma), The Economic Journal, 2022, 132(644), 1378-1413.
Recent Publications
Chinese IPOs underpriced by up to $200bn due to valuation limits

Initial public offerings in China have undervalued companies by up to $200bn over the past six years, academic research indicates, reflecting a struggle to price listings in the world’s second-biggest equity market. Limits on the valuations at which companies can sell shares in IPOs on most Chinese bourses mean that groups listing onshore may have raised just a quarter of what they otherwise could have, according to a working paper provided exclusively to the Financial Times by researchers at the University of Hong Kong.