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Jack Ma Reportedly Returns To China As Xi Jinping's Tech Crackdown Focus Shifts To Banker Bao Fan
Monday, March 27, 2023 - 3:40am | 488After months of globetrotting Chinese billionaire Jack Ma reportedly returned to China as the crackdown seemed to ease with the focus shifted to investment banker Bao Fan. What Happened: The co-founder of Alibaba Group Holdings (NYSE:BABA) visited a school he founded in Hangzhou, the hometown of...
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Missing Investment Banker Cooperating With Chinese Authorities In An Investigation
Monday, February 27, 2023 - 5:54am | 343One of China's high-profile investment bankers who went missing is currently cooperating with relevant Chinese authorities conducting an investigation. What Happened: China Renaissance Holdings Ltd (OTC:CSCHF), in an exchange filing on Sunday, said that its missing chairman Bao Fan is under the...
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Chinese Banker Was Reportedly Moving Wealth To Singapore Before Going Missing Amid Potential Xi Jinping's Crackdown
Wednesday, February 22, 2023 - 7:54am | 386Bao Fan, China's missing high-profile investment banker, was working to set up a Singapore family office before he went missing, sparking concerns about a potential Beijing crackdown. What Happened: Bao, the chief executive of China Renaissance Holdings Ltd (OTC:CSCHF), went missing last week...