Ant's mega IPO in turmoil after Shanghai suspends listing
Hong Kong portion of offer also halted after late intervention by Chinese regulators
HONG KONG --
Ant Group's record- reaking initial public offering has been thrown into turmoil after the Shanghai Stock Exchange cited "major" changes to the Chinese fintech group's regulatory environment and suspended the listing.
Ant said in response that it would also halt the Hong Kong portion of what was set to be the world's largest IPO. The company was due to make its debut on both markets on Thursday and was set to raise as much as $39.6 billion across the two exchanges.
The suspensions came after top Ant executives and controlling shareholder Jack Ma were summoned to a meeting with Chinese regulators on Monday that was later described as a regulatory warning. In a statement on Tuesday evening the Shanghai exchange said the supervisory interviews and changes in rules governing the company's businesses were "major".
"The material matters might cause your company to fail to meet the disclosure requirements for an initial public offering," the exchange said. "The exchange has decided to postpone the listing of your company."
https://asia.nikkei.com/Business/Markets/Ant-s-mega-IPO-in-turmoil-after-Shanghai-suspends-listing 
แค่พี่ Jack Ma พูดพลาดไปคำเดียว ไม่รู้จะเจออะไรอีกนะเนี่ย
Hong Kong portion of offer also halted after late intervention by Chinese regulators
HONG KONG --
Ant Group's record- reaking initial public offering has been thrown into turmoil after the Shanghai Stock Exchange cited "major" changes to the Chinese fintech group's regulatory environment and suspended the listing.
Ant said in response that it would also halt the Hong Kong portion of what was set to be the world's largest IPO. The company was due to make its debut on both markets on Thursday and was set to raise as much as $39.6 billion across the two exchanges.
The suspensions came after top Ant executives and controlling shareholder Jack Ma were summoned to a meeting with Chinese regulators on Monday that was later described as a regulatory warning. In a statement on Tuesday evening the Shanghai exchange said the supervisory interviews and changes in rules governing the company's businesses were "major".
"The material matters might cause your company to fail to meet the disclosure requirements for an initial public offering," the exchange said. "The exchange has decided to postpone the listing of your company."
https://asia.nikkei.com/Business/Markets/Ant-s-mega-IPO-in-turmoil-after-Shanghai-suspends-listing