Chinese Banker Bao Fan Resigns Amid Disappearance Mystery
Bao Fan, a prominent Chinese tech banker who disappeared a year ago amid an anti-corruption crackdown, has formally resigned from China Renaissance for "health reasons and to spend more time on his family affairs." The company announced a management reshuffle to replace Bao, with Xie Yi Jing succeeding him as the new chairman. Bao's disappearance coincided with a sweeping anti-corruption crackdown in China's financial sector, and the release of the company's financial results is crucial for its shares to resume trading on the Hong Kong stock exchange.
