Life signs from Chinese billionaire
A couple of weeks ago, he disappeared without a trace. Now the Chinese billionaire, financier Bao Fan, is said to be cooperating with the Chinese authorities in an investigation. The data comes from his company, China Renaissance.
No further details of the investigation are being released by the company. Nor have the Chinese authorities indicated what type of investigation it is about.
The share value of the company where Bao Fan is chairman plummeted by 50 percent on February 16 when it was reported that he was missing.
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