SpaceX IPO bars investors from China and Hong Kong, Bloomberg News reports

June 5 (Reuters) - SpaceX's ‌underwriters ​have ​barred investors in China and Hong Kong from participating in ‌the company's planned initial public offering, ⁠Bloomberg News reported on Friday, citing people ‌familiar with the matter.

Lead ‌banks managing the offering instructed members of the underwriting syndicate not to ​accept orders from customers in China and Hong Kong, including private ⁠banking clients, due to regulatory and compliance concerns, the ​report said.

Foreign investment is tightly restricted or off-limits in China's space ​sector, which is heavily ‌regulated by the country's military.

SpaceX's website and IPO marketing documents ⁠were not accessible on Friday in Hong Kong and mainland China, a Reuters ⁠review showed earlier.

The company kicked off marketing ​roadshows on Thursday in New York and the IPO papers were posted on its website.

Goldman ‌Sachs declined to comment, while Morgan Stanley did not immediately ‌respond to a Reuters request for ⁠comment. Reuters could ‌not independently ​confirm the report.

(Reporting by Prakhar Srivastava in Bengaluru; Editing by Devika ‌Syamnath)

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