Billionaire Chinese Tech Banker Bao Fan Has Reportedly Disappeared
Billionaire chief executive of China Renaissance Holdings Bao Fan disappeared in recent days, according to a Thursday report from the firm cited by the BBC.
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Billionaire chief executive of China Renaissance Holdings Bao Fan disappeared in recent days, according to a Thursday report from the firm cited by the BBC.
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 and a top tech-sector dealmaker.
The company is now 'unable to contact Mr Bao', China Renaissance said in an announcement on Thursday - unable to offer anymore details about the mysterious disappearance.
The stock of the China Renaissance investment bank has plummeted since Bao Fan’s disappearance
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