Is Huobi closing?

In recent weeks, there have been whispers circulating in the crypto community about the possible closure of Huobi, one of the largest cryptocurrency exchanges globally. Could you please elaborate on the current situation? Are there any official announcements or statements from Huobi regarding their operations? Are there any financial difficulties or regulatory pressures that Huobi is facing? Additionally, how would such a closure impact the cryptocurrency market, especially for investors who have their assets on the platform? Clarifying these details would help ease the concerns of many in the crypto community.