Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
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Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
Bao Fan: One of China's most high-profile billionaire bankers reported missing
Mr Bao's disappearance comes months after the former president of his company was taken away by Chinese authorities.
Friday 17 February 2023 17:44, UK
Bao Fan was reported missing by his company on Thursday. Pic: AP
One of China's most high-profile billionaire bankers has gone missing after his company said it had lost touch with him.
The disappearance of Bao Fan, who founded the investment bank China Renaissance, comes after a crackdown on big technology companies over the past two years which Beijing said had been wrapped up.
Mr Bao is a key figure in China's tech industry who has worked on major deals including e-commerce company JD.com's £1.6bn initial public offering.
He also worked on the public listing of short video platform Kuaishou in Hong Kong.
His disappearance comes after former China Renaissance president Cong Lin was taken away by Chinese authorities in September last year, according to Chinese news media outlet Caixin.
Anti-graft investigations in China targeting the financial sector have ensnared dozens of officials and finance executives at institutions such as Everbright Securities, China Construction Bank and major bank ICBC.
Chinese foreign ministry spokesman Wang Wenbin said he was not aware of Mr Bao's disappearance when asked at a news briefing.
https://news.sky.com/story/bao-fan-one- ... g-12813409
Mr Bao's disappearance comes months after the former president of his company was taken away by Chinese authorities.
Friday 17 February 2023 17:44, UK
Bao Fan was reported missing by his company on Thursday. Pic: AP
One of China's most high-profile billionaire bankers has gone missing after his company said it had lost touch with him.
The disappearance of Bao Fan, who founded the investment bank China Renaissance, comes after a crackdown on big technology companies over the past two years which Beijing said had been wrapped up.
Mr Bao is a key figure in China's tech industry who has worked on major deals including e-commerce company JD.com's £1.6bn initial public offering.
He also worked on the public listing of short video platform Kuaishou in Hong Kong.
His disappearance comes after former China Renaissance president Cong Lin was taken away by Chinese authorities in September last year, according to Chinese news media outlet Caixin.
Anti-graft investigations in China targeting the financial sector have ensnared dozens of officials and finance executives at institutions such as Everbright Securities, China Construction Bank and major bank ICBC.
Chinese foreign ministry spokesman Wang Wenbin said he was not aware of Mr Bao's disappearance when asked at a news briefing.
https://news.sky.com/story/bao-fan-one- ... g-12813409
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Re: Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
Too bad that banksters in other countries aren't subject to the same kind of special treatment.
- newkidontheblock
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Re: Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
Umm… they just went missing. Kidnapped by state security.Alex wrote:Too bad that banksters in other countries aren't subject to the same kind of special treatment.
Not publicly arrested for violating specific laws and rules. Just because the government wanted them to.
This means anyone can disappear at anytime by the State for no reason. Following the law becomes useless.
I don’t wish this on banksters or anyone.
- canucklhead
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Re: Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
Whatever happened to that female chinese tennis player that accused some minister af sexual assault?
Re: Another Disappearance: Is Chinese Billionaire Banker "Missing" ?
Nobody should panic, although there have been several disappearances of billionaires, the Chinese government have put their best man, and all round top bloke, on the job to direct the new owners to their offices so they can be run for the greater good.
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
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