China Renaissance says it is unable to contact Chairman Bao Fan (updated)

China Renaissance Holdings

17/02/2023 24:32

(Adds detail on China Renaissance and Bao Fan)
       SYDNEY, Feb 17 (Reuters) - Boutique investment bank
China Renaissance Holdings Ltd  1911.HK  has been unable to
contact its Chairman and Chief Executive Bao Fan, the company
said in a stock exchange filing.
    "The board is not aware of any information that indicates
that Mr. Bao's unavailability is or might be related to the
business and or operations of the Group which is continuing
normally," the Hong Kong listed company said.
    Bao is a well-known dealmaker in China who has carved out a
career working on high-profile tech transactions. He started
China Renaissance in 2005.
    Bao is also China Renaissance's controlling shareholder,
according to the exchange filing.
    China Renaissance was listed on the Hong Kong Stock Exchange
in 2018 after it raised $346 million.
    Bao worked on China's major technology mergers including 
the tie-up of ride-hailing champions Didi and Kuaidi, food
delivery giants Meituan and Dianping and travel devices
platforms Ctrip and Qunar. He had previously worked at Credit
Suisse Group AG  CSGN.S  and Morgan Stanley  MS.N  and had been
described as one of the best connected bankers in China.
    China Renaissance has advised some of China's biggest tech
initial public offerings including JD.Com Inc  JD.O , Kuaishou
Technology  1024.HK  and Didi's listing in New York in 2021.
    China Renaissance is also an active investor in the tech
sector. In 2019, it raised more than 6.5 billion yuan ($945
million) in a yuan-denominated fund.
 (Reporting by Scott Murdoch in Sydney and Kane Wu in Hong Kong;
Editing by Chris Reese and Christopher Cushing)
 ((Scott.Murdoch@thomsonreuters.com;))