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)