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ABC News
ABC News
Business

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

Bao Fan China Renaissance Jack Ma Ant Group China
Bao Fan, founder and CEO of China Renaissance, has been reported as unreachable by his company.  (Reuters: Mike Blake/File Photo)

A high profile Chinese tech banker has been reported missing by the company's board, in the latest disappearance of a top business executive.  

China Renaissance Holdings saw its shares plummet by as much as 50 per cent on Friday after the investment bank said it is unable to contact its chairman and chief executive Bao Fan.

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