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The Latest Breaking News from Bao Fan

China’s millionaires eye the exit as economic storm clouds gather

Some 15,200 Chinese millionaires were expected to relocate in 2024, according to Henley & Partners.

Al Jazeera

Chinese film star Fan Bingbing to make comeback after five-year purgatory

Fan, who disappeared after tax scandal, stars in thriller – but experts say she is unlikely to regain previous fame in increasingly authoritarian nation

The Guardian - UK

Where is China’s Foreign Minister Qin Gang?

Qin’s absence from public view has prompted rampant speculation and highlighted Beijing’s lack of transparency.

Al Jazeera

From analysis to the latest developments in health,
read the most diverse news in one place.

Chinese Big Tech Still Sits in the Party’s Sights

Given the CCP’s overriding priorities of rebuilding a strong domestic economy and maintaining robust supply chains against external threats, it is unlikely to embark on an extensive campaign like it did in 2020 and 2021 to rein in technology platforms.

The News Lens

China truce with business — for now

Worried about decelerating growth, Xi Jinping has launched a charm offensive to convince investors the country is open for business

Financial Times

China’s rich flee crackdowns for ‘Asia’s Switzerland’ Singapore

Chinese wealth is rushing into the Southeast Asian city-state, prompting unease among some locals.

Al Jazeera

China looks to consumers to drive economic rebound

Chinese leader Xi Jinping’s agenda for this month’s meeting of the ceremonial national legislature: Revive the economy by encouraging consumers to spend more now that severe anti-virus controls have ended

The Independent UK

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Top Stories of the Month: The Safest and Most Endangered Jobs in a ChatGPT World

AI will replace simple, repetitive jobs, but those involving complexity, creativity and interpersonal skills will continue to thrive and remain the domain of humans

Caixin Global

Mobile World Congress opens in Barcelona amid smartphone sales slowdown

The annual Mobile World Congress brings together the biggest names in the telecoms industry and this year has reverted to its pre-pandemic format, with over 80,000 delegates expected in Barcelona. FRANCE 24's Leo McGuinn explains what the sector has in store to find a path back to profits. Also in…

France 24

Company says missing Chinese banker Bao Fan aiding probe

A stock market filing says missing Chinese investment banker Bao Fan is co-operating in an investigation in China

The Independent UK

Chinese bank says missing chairman is cooperating with Chinese authorities in an investigation

China Renaissance Holdings said on Sunday that its missing chairman and star dealmaker Bao Fan was currently cooperating with relevant Chinese authorities conducting an investigation.

Reuters

The Weekly Wrap for Saturday, 25 February 2023

Friday marked a year of land war in Europe. The conflict is going nowhere fast. The blanket coverage of politics and punditry is good fodder for media outlets but has warped our understanding of the conflict. What is the shape of the war?

inkl Originals

Weekly Must-Read: Billionaire Founder of China Renaissance Goes Missing

China Renaissance reports being unable to make contact with its billionaire founder and chairman months after authorities took President Cong Lin into custody

Caixin Global

Chinese banker 'was looking to move wealth to Singapore before disappearance'

The missing founder of China Renaissance, Bao Fan, was looking to start a fund for his personal fortune, according to the Financial Times. Bao is one of the country's biggest financiers in the tech sector and could be the latest target of a crackdown on the industry. Also in the…

France 24

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Bangkok Post

Star banker’s disappearance surprises even China’s state lenders

NEW YORK: The disappearance of Chinese banker Bao Fan has come as a surprise to even some of his state-owned lenders, several of which are asking his firm for more information as they assess their exposure, according to people familiar with the matter.

Reuters

Factbox-Five facts about missing star Chinese dealmaker and his firm

Well-known Chinese dealmaker Bao Fan, founder of investment bank China Renaissance Holdings Ltd, has gone missing in the latest disappearance of a top business executive in the country, unnerving investors.

ABC News

Chinese billionaire Bao Fan goes missing, the latest in a string of high-profile disappearances

The well-known deal-maker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation.

The Independent UK

China top tech dealmaker goes missing amid graft crackdown

Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most high-profile bankers

Get all your
news in one place.

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Fortune

One of China’s top investment banks has a big problem: It can’t find its CEO

China Renaissance said it was "unable to contact" its CEO Bao Fan, sending shares plunging in Friday morning trading.

Al Jazeera

China’s top tech dealmaker Bao Fan goes missing

The billionaire investment banker is unreachable, according to the investment bank he founded.

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