Bloomberg: China, HK investors shut out of Anthropic IPO

Institutional investors based in mainland China and Hong Kong have been excluded from placing orders in Anthropic’s IPO, Bloomberg reports, citing people familiar with the matter. The sources asked not to be named, and only some of them tied the block partly to the US International Traffic in Arms Regulations, which control trade in defense products.

Some prospective investors are still looking for ways to bid. Several banks have refused those orders or consider allocations unlikely. Anthropic’s shares are expected to start trading on Nasdaq on November 19, with the final price expected November 18.