China Renaissance says chairman Bao Fan is still cooperating with probe

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The company said its business and operations are continuing normally. Read more at straitstimes.com.

sent shockwaves through the country’s financial services industry.

The Chinese investment bank roiled the domestic banking and business community in February by saying that Mr Bao was cooperating in a probe. Publicly listed companies typically report they have lost contact with the executive and need to make their own inquiries into what happened within the country’s opaque legal system.

Source: News Formal (newsformal.com)

 

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