Logic, how to translate reverse implication with quantifier

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I want to write this formula in the form of =>

(∃x)¬P(A,x) <= ¬(∀y)P(y,A)

Will this equal

¬(∀y)P(y,A) ⇒ (∃x)¬P(A,x)

or

(∃x)P(y,A) ⇒ ¬(∀y)¬P(A,x)

Because I know that the implication binds more than the quantifiers.