China pulls Ant Group's giant IPO after dust up with billionaire Jack Ma

London (CNN Business) Ant Group’s highly anticipated IPO has been abruptly suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China. The Shanghai Stock Exchange said in a statement on Tuesday that it had postponed the company’s listing, which was originally set for Thursday, because of “major issues” that might cause it “not to meet the listing conditions or disclosure requirements.” The IPO has also been suspended in Hong Kong, according to a statement from Ant Group, which referenced the meeting between Ma and Chinese officials as well as “recent changes” in regulations. The dual…