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Missing China tech banker Bao Fan aiding investigation, company says

News comes 10 days after China Renaissance said founder couldn't be reached

The sudden disappearance of Bao sent a chill through capital markets just as Beijing had signaled that a two-year-long crackdown on internet companies was ending.   © AP

HONG KONG -- China Renaissance founder Bao Fan is "currently cooperating in an investigation" carried out by "certain authorities" in China, his company said in a regulatory filing late Sunday, 10 days after the bank said it was unable to reach him.

The sudden disappearance of Bao, a key rainmaker for China's top tech deals, including the mergers of China's ride-hailing giants Didi and Kuaidi in 2015, sent a chill through capital markets just as Beijing had signaled that a two-year-long crackdown on internet companies was ending.

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