BEIJING: The Chinese billionaire chairman of investment bank China Renaissance has gone missing, the firm said, as shares in the company plunged in Hong Kong on Friday.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.'The company has been unable to contact Mr.
Founded in 2005, the group has supervised the IPOs of several domestic internet giants, including leading e-commerce firm JD.com.Bao also facilitated a blockbuster 2015 merger between major ride-hailing firm Didi and its top competitor at the time, Kuaidi Dache.The case of China Renaissance is reminiscent of a pattern of investigations into top financiers from the country in recent years.