China's billionaire tech banker goes missing amid graft crackdown
Image Credit: deccan herald
The China Renaissance Holdings stated in a market update on Thursday that Bao Fan, CEO of the company, had not been reachable in recent days. Top IT firms Didi and Meituan are among the clients of Mr. Bao, a well-known deal broker in China. The move by his company has rekindled worries about a future crackdown in Beijing on leaders in technology and finance.