WSJ News Exclusive | Missing Chinese Banker Fan Bao Detained as Part of Corruption Probe

South Africa News News

WSJ News Exclusive | Missing Chinese Banker Fan Bao Detained as Part of Corruption Probe
South Africa Latest News,South Africa Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Chinese financier Fan Bao, who went missing last month, has been detained in connection with the investigation of a former senior executive at the investment bank he founded

, has been detained by authorities in mainland China in connection with a corruption investigation targeting a former senior executive at the investment bank he founded, according to people familiar with the matter.

The investment bank, China Renaissance Holdings Ltd. , disclosed on Feb. 16 that it had been unable to contact Mr. Bao, who serves as the bank’s chairman and chief executive. On Sunday, it said in a regulatory filing that it had since discovered Mr. Baoa WSJ membership

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How renovation of an iconic Chinese mall represents a shift in L.A.’s Chinese communityHow renovation of an iconic Chinese mall represents a shift in L.A.’s Chinese communityColumnist Frank Shyong first visited Focus Plaza as a seventh-grader with his family. He sees the mall’s renovation as a symbol of Southern California’s changing Chinese population.
Read more »

COVID's origins 'most likely' lab leak, agency reportedly saysCOVID's origins 'most likely' lab leak, agency reportedly saysThe Energy Department's assessment came with 'low confidence,' per the WSJ.
Read more »

WSJ News Exclusive | Altria in Talks to Buy Vaping Startup NJOY for at Least $2.75 BillionWSJ News Exclusive | Altria in Talks to Buy Vaping Startup NJOY for at Least $2.75 BillionThe Marlboro maker is looking to take over a new vaping brand after its bet on Juul fizzled.
Read more »

WSJ News Exclusive | Pentagon to Reap Rewards From $53 Billion Chips ActWSJ News Exclusive | Pentagon to Reap Rewards From $53 Billion Chips ActThe Pentagon will have secure access to leading-edge semiconductors made at facilities receiving funding from the $53 billion Chips Act, Commerce Secretary Gina Raimondo told WSJ
Read more »

WSJ News Exclusive | Huawei Export Licenses Could be Revoked by U.S.WSJ News Exclusive | Huawei Export Licenses Could be Revoked by U.S.The Biden administration is considering revoking export licenses issued to U.S. suppliers for sales to Chinese telecom company Huawei
Read more »



Render Time: 2025-03-03 21:19:04