Small investors, who bid with borrowed money and life savings, stunned by Ant IPO halt

Small investors, who bid with borrowed money and life savings, stunned by Ant IPO halt

Photographer: SeongJoon Cho /Bloomberg

Mom-and-pop investors who put in bids worth a record $3 trillion in China’s Ant Group — equivalent to Britain’s annual economic output — were stunned after regulators abruptly suspended what would have been the world’s largest stock market debut.