Investors from mainland China and Hong Kong are being shut out of Anthropic's IPO, according to Bloomberg, as reported by The Decoder. Multiple banks have reportedly rejected buy orders from those regions or consider allocations unlikely, and some of the people involved cited ITAR, the US export control rules governing defense-related goods, as the reason. Anthropic declined to comment.
Goldman Sachs and Morgan Stanley are leading the offering, with 20 other banks involved, The Decoder reported. The stock is expected to trade on Nasdaq under the ticker ANT after pricing on November 18.
Anthropic's products are not officially available in China or Hong Kong, according to The Decoder. The company has blocked firms under Chinese control from its AI services, is fighting workarounds that let Chinese companies reach Claude Code, and exposed distillation attacks by DeepSeek, Moonshot and MiniMax involving some 16 million queries.
