By Julie Zhu, Meg Shen and Greg Roumeliotis
HONG KONG (Reuters) - China suspended Ant Group's $37 billion stock market listing on Tuesday, thwarting the world's largest IPO with just days to go in a dramatic blow to the financial technology company founded by billionaire Jack Ma.
The Shanghai stock exchange announced that it had suspended the company's initial public offering (IPO) on its STAR Market, prompting Ant to also freeze the Hong Kong leg of the dual listing, which was due on Thursday.
The move followed a meeting between Ma and China's financial regulators on Monday during which Ma and his top executives were told the company's lucrative online lending business would face tighter scrutiny, sources told Reuters.
The Shanghai bourse described Ant's meeting with financial regulators as a "major event" and said ...
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