A Chinese billionaire banker has gone missing
https://qz.com/china-renaissance-ceo-billionaire-bao-fan-missing-1850126507
'The top dealmaker of China Renaissance Holdings is nowhere to be found. The Beijing-based banking firm said it has been unable to contact its founder and CEO Bao Fan in a regulatory filing with the Hong Kong Stock Exchange on Thursday (Feb. 16). While the company did not say how long Bao had been missing, hes been off the grid for days, Chinese business newswire Caixin reported, citing several unnamed sources.
The Board is not aware of any information that indicates that Mr.Baos unavailability is or might be related to the business and/or operations of the Group which is continuing normally, it said. The executive committee will be responsible for the day-to-day management and operations in his absence.
The disappearance of one of the most high-profile billionaire bankers in the country exacerbates concerns around Beijings crackdown on finance and tech leaders. The countrys draconian approach to law and order often leads to people being held in custody for anywhere between days to years without legal representation.'