China Renaissance unable to contact CEO Bao Fan, shares plunge by 50%
One of the leading tech deal makers of China and the CEO of China Renaissance, Bao Fan, has lost touch with his company
Stay updated with breaking news from Cong Lin. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
One of the leading tech deal makers of China and the CEO of China Renaissance, Bao Fan, has lost touch with his company
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 billionaire investment banker is unreachable, according to the investment bank he founded.
His disappearance is now raising concerns over a possible renewed crackdown on China's finance industry.
The rock star dealmaker's vanishing comes after Chinese authorities launched an investigation into his subsidiary firm as Beijing cracks down on the tech industry.