Banks bar Chinese and Hong Kong investors from Anthropic IPO over US export controls
Goldman Sachs and Morgan Stanley lead the Nasdaq deal, expected to price on November 18 under ticker ANT.
According to Bloomberg, banks are rejecting or are unlikely to fill Anthropic IPO orders from mainland China and Hong Kong. Some people involved cite ITAR, the US export-control regime for defense-related goods. Anthropic declined to comment. Its products are not officially available in those markets, and it has blocked Chinese-controlled firms from its AI services.
Unconfirmed: Bloomberg reports the exclusions; Anthropic has not confirmed them, and ITAR is cited by some people involved.
- Pricing is expected on November 18, with Nasdaq ticker ANT.
- Goldman Sachs and Morgan Stanley lead, alongside 20 other banks.
- Some people involved cited ITAR as the reason for the exclusions.
- Anthropic declined to comment on the reported investor restrictions.
- Organizations
- AnthropicGoldman SachsMorgan Stanley
- Countries
- ChinaHong KongUnited States
From the original article
1 min read at the-decoder.com
Chinese investors are shut out of Anthropic's IPO, Bloomberg reports. Banks are rejecting buy orders from mainland China and Hong Kong, citing U. S.
By Matthias Bastian · the-decoder.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.