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.
The disappearance of Bao Fan, the founder of China Renaissance, has raised worries about a further crackdown on China's financial services sector.
Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renaissance, whose stock tanked 20% when the CEO vanished.
Shares of China Renaissance Holdings rose as much as 9% on Monday after the boutique bank said its missing chairman was cooperating with Chinese authorities in…
BEIJING: Chinese billionaire Bao Fan is “cooperating in an investigation” by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation’s financial services industry.T...
Bao Fan's disappearance this month renewed concerns of a potential crackdown on finance and tech figures.