Chinese billionaire tech banker Bao Fan goes missing

1 year ago 46

Disappearance of China Renaissance chair raises fears of fresh crackdown on China’s finance industry

The Chinese billionaire chair of the investment bank China Renaissance has gone missing, the firm said, as shares in the company plunged in Hong Kong.

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.

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