Investment bank China Renaissance suspends trading in its Hong Kong-listed shares today, saying the disappearance of its chairman meant it was unable to publish its annual results. – AFP pic, April 3, 2023.
INVESTMENT bank China Renaissance suspended trading in its Hong Kong-listed shares today, saying the disappearance of its chairman meant it was unable to publish its annual results. Bao Fan, the group’s billionaire chairman and executive director, went missing in February and was later revealed to be “cooperating” in an official investigation – sparking fears of a renewed crackdown on China’s finance sector.
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