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The billionaire founder of investment bank

The well-known deal-maker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation.

Investment bank China Renaissance says it cannot contact its chairman and CEO Bao Fan. The entrepreneur appears to be the latest high-profile Chinese executive to go missing with little explanation.

The company said that it was not aware of any information that indicates Bao Fan’s unavailability was related to the business of the group

Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most high-profile bankers.

The company said that it was "not aware of any information that indicates Mr Bao’s unavailability” was related to the business of the group. Shares in China Renaissance fell as much as 50% on Friday in Hong Kong.

One of China's top investment banks says it has lost touch with its founder, billionaire Bao Fan, one of the country's most high-profile bankers.

The China Renaissance Holdings CEO was reported as being unreachable by his company in a Thursday filing to the Hong Kong stock exchange

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