Company says missing Chinese banker Bao Fan aiding probe

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Missing Chinese investment banker Bao Fan is co-operating with an investigation in China, his company China Renaissance said in a stock market filing Sunday.

Since Bao went missing, China Renaissance Holdings Ltd.'s Hong Kong-listed shares have slumped as much as 29%. They were up 2.3% on Monday.

Bao's whereabouts are unclear. It is not unusual for Chinese authorities to detain people in the course of investigations without making any public announcements.

 

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