https://www.reuters.com/article/us-ant-group-ipo-suspension/chinas-halt-of-ant-ipo-necessary-reasonable-to-curb-risks-state-media-idUSKBN27K046

China's move to suspend Ant Group's $37 billion listing is "necessary, reasonable and legal," given rising concerns over risks to financial stability, a top Chinese state-backed newspaper cited an expert as saying on Wednesday.