Investors in mainland China and Hong Kong will not be able to buy shares in Anthropic’s IPO, Bloomberg reports. Banks handling the deal, including Goldman Sachs and Morgan Stanley, say ITAR – US export controls on defense‑related technology – forces them to reject buy orders from those regions. The offering involves about 22 banks and the stock is set to list on Nasdaq under the ticker ANT after pricing on November 18. Anthropic did not comment.
Why it matters
Chinese and Hong Kong investors will miss the chance to own a slice of a major AI company because of US export restrictions.
