China just put out a new set of regulation that will severely dampen the leverage available to Ant, and thus dampen their revenue and profit significantly. That

China just put out a new set of regulation that will severely dampen the leverage available to Ant, and thus dampen their revenue and profit significantly. That will in turn lead to significant downvaluing of its stocks. So, the next step for the Chinese regulators is to suspend the whole thing for the dust to settle.