Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide (Bloomberg)

Bloomberg:
Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide  —  - Listing of Jack Ma's fintech giant was halted on Tuesday  — Ma criticized regulators for stifling innovation last month