Bloomberg reports Anthropic IPO blocks mainland China and Hong Kong institutional orders

Bloomberg reported, citing people familiar with the matter, that mainland China and Hong Kong institutional investors have been barred from placing orders in Anthropic PBC’s initial public offering. Some prospective investors are still looking for ways to participate, but several banks have either refused to take the orders or believe allocations are unlikely. The people said the limits were partly tied to the U.S. International Traffic in Arms Regulations, which govern trade in certain defense-related products.