China Renaissance, a prominent player in China's tech industry, announced on April 3 that it would halt trading of its shares and postpone the release of its annual results.
Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance attested to in a filing on February 26.
Bao Fan, the billionaire founder and chairman of boutique investment bank China Renaissance Holdings Ltd., has not been in contact with the company lately. The Hong Kong-listed company issued a statement that its business and operations remained normal.
In Ep. 24 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about China Renaissance Group, a tech-focused investment bank founded and led by one of the country’s most famed rainmakers, Bao Fan.