BEIJING, China (AFP) — Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results. Bao Fan, the group’s billionaire chairman and executive director, went missing in February and was later revealed to be “cooperating” in an official investigation — sparking fears of a renewed crackdown on China’s finance sector. The bank, which specializes in the Chinese tech […]
Tag: Bao
Chinese tech billionaire goes missing: company
Beijing, China | AFP | Friday 2/17/2023 The Chinese billionaire chairman of investment bank China Renaissance has gone missing, the firm said, as shares in the company plunged in Hong Kong on Friday. Bao Fan, who is also executive director of the bank, is a major figure in the Chinese tech industry and has played a key role in the emergence of various domestic internet startups. “The company has been unable to contact Mr Bao,” […]





