
On Thursday evening Hong Kong time, China Renaissance Holdings, a key dealmaker in the country’s tech sector, revealed that it was “unable to contact” Bao Fan, its founder, CEO and controlling shareholder, in a filing with Hong Kong's stock exchange.
The bank’s admission came after reports from Chinese business outlet Caixin, which reported that bank employees and other market participants had been unable to contact Bao for several days. The billionaire banker did not answer calls or WeChat messages, reported Caixin.