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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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China’s Banking Regulator Appoints First Vice Chairwoman - Cong Lin, previously director of the CBIRC’s Fujian province office, has replaced a retiring deputy