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China Renaissance says its missing founder Bao Fan is cooperating with a government probe - TL;DR CNBC

China Renaissance says its missing founder Bao Fan is cooperating with a government probe

Publishing timestamp: 2023-02-26 22:01:21


Summary

China Renaissance, a Chinese investment bank, said that its founder and controlling shareholder Bao Fan is cooperating with a government investigation. The company's Hong Kong-listed shares have dropped 29% since the announcement. The company said that its business operations remain normal.


Sentiment: NEUTRAL

Tickers: 1911-HK

Keywords: stock marketsbusiness newsmarket insidermarketschina renaissance holdings ltd

Source: https://www.cnbc.com/2023/02/27/china-renaissance-says-bao-fan-is-cooperating-with-a-government-probe.html


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