Chinesebillionaire tech banker Bao Fan is missing. The disappearance of the China Renaissance renegade chair is not a huge surprise but raises fears of a fresh crackdown on China’s finance industry
With billionaire boss either banged up or on the lam, Renaissance, one of the country’s top investment banks has plunged into turmoil.
‘Do not believe the rumours’
Chinese tech banker Bao is ruthless, glamorous, fiendishly smart and perilously ambitious.
Bao Fan, the founder and executive director of China Renaissance, is a major figure in the Chinese tech industry and played an important role in the emergence of a string of large domestic Internet startups. Once called the Don Barzini of China’s tech world, tech banker Bao is ruthless and glamorous, fiendishly smart but dogged by vaulting ambition that was bound to get him into trouble eventually.
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