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Star banker Bao Fan’s boutique investment bank China Renaissance Holdings has drawn interest from a Hong Kong-based financial group and a couple of small Chinese brokerages.
China Renaissance Holdings said that its chairman and chief executive, Bao Fan, has stepped down after disappearing nearly a year ago.
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China is cracking down in a string of high-profile corporate leaders in recent years through investigations, exit bans, and heightened surveillance.
China is cracking down in a string of high-profile corporate leaders in recent years through investigations, exit bans, and heightened surveillance.