Banks bar Chinese and Hong Kong investors from Anthropic IPO over US export controls

According to Bloomberg, banks including lead underwriters Goldman Sachs and Morgan Stanley have rejected buy orders from mainland China and Hong Kong investors or consider allocations unlikely for Anthropic's IPO, with some citing ITAR export control rules. 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, and the company has blocked Chinese-controlled firms from its AI services and exposed distillation attacks by DeepSeek, Moonshot, and MiniMax involving some 16 million queries.