China Renaissance chairman's detention extended by 3 months - report
- Country:
- China
The detention of Bao Fan, chairman of investment bank China Renaissance Holdings , has been extended for another three months beginning May 7, Chinese financial publication Economic Observer reported on Wednesday, citing sources.
Late in February, the bank said in an exchange filing that Bao, its star dealmaker, was co-operating with authorities in their investigation.
China Renaissance did not immediately respond to a Reuters request for comment.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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