Famed Chinese Rainmaker Goes Missing in Latest Executive Disappearance

Famed Chinese Rainmaker Goes Missing in Latest Executive Disappearance
Fan Bao, founder and CEO of China Renaissance, speaks at the WSJD Live conference in Laguna Beach, Calif., on Oct. 25, 2016. Mike Blake/Reuters
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Chinese dealmaker Bao Fan, founder of investment bank China Renaissance Holdings Ltd, has gone missing in the latest disappearance of a top business executive, unnerving investors and sending its stock down as much as 50 percent on Friday.

The mainland China-based boutique bank said in an exchange filing late on Thursday the company had been unable to contact Bao.