China Renaissance

China Renaissance is a Chinese financial services company. Founded by Bao Fan in 2005 as a financial advisory firm, China Renaissance's core business now consists of investment banking, investment management and wealth management.

Background

In 2010, China Renaissance launched K2VC, a venture capital firm.[2]

In 2018, China Renaissance was listed on the Main Board of Hong Kong Stock Exchange.[3]

In February 2023, the BBC and other sources reported that Bao had been missing for two days and they were unsure of his whereabouts.[4][5][6] The disappearance has caused the stock of China Renaissance to drop by 50 percent,[7] though the company said in a statement that Operations would "continue normally".[7] Later, the company announced that Bao was taken by the Chinese authorities as a part of an investigation targeting Bao's former colleague and the company's former president, Cong Lin.[8]

In February 2024, Bao resigned from all of his roles at China Renaissance.[9]

The company has offices in Beijing, Shanghai, Hong Kong and New York City.[10]

References

  1. 2021 Annual Report^
  2. China Renaissance K2 Ventures Raises $67.5M for Two Funds FinSMEs, 2018-11-30, retrieved 2024-12-02^
  3. China Renaissance, Dealmaker to Tech Stars, Plunges in Debut Bloomberg.com, 2018-09-27, retrieved 2024-10-17^
  4. Bao Fan: Billionaire tech banker in China reported missing BBC News, 17 February 2023^
  5. Bao Fan’s disappearance sends chill through finance circles in China – Fund23 retrieved 2023-04-20^
  6. Bao Fan: Billionaire tech banker in China reported missing BBC News, 17 February 2023^
  7. China's billionaire CEO Bao Fan disappears; share stock plunges ANI News^
  8. Bao Fan: Missing Chinese billionaire assisting authorities, the firm says BBC News, retrieved 27 February 2023^
  9. Peter Hoskins. Bao Fan: Missing China billionaire banker resigns from all roles BBC News, 2 February 2024, retrieved 3 February 2024^
  10. ENGLISH > ABOUT US > Contact Us_China Renaissance Chinarenaissance.com, retrieved 2 February 2016^