Thanks for the summary and sources. Here's my question...the IPO is halted - but Ant still runs, right? How does halting the IPO reduce any risk in the financial industry for China? If Ant is still operating and giving leveraged loans...isn't the risk still there?

And if CCP is reducing the ratio (which should happen whether Ant is public or private)...why couldn't they just reduce the ratio & allow for the IPO?