China Renaissance says detained chairman cooperating with authorities in probe

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China Renaissance says detained chairman cooperating with authorities in probe
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China Renaissance Holdings said on Wednesday that investigations against its chairman Bao Fan by certain authorities were being carried out with his cooperation.His detention was extended for three months from May 7 after Bao was taken away by disciplinary officials on Feb. 7, according to a source-based

China Renaissance Holdings said on Wednesday that investigations against its chairman Bao Fan by certain authorities were being carried out with his cooperation.

The probe is the latest in a series of high-profile Chinese executives going missing with little explanation during a sweeping anti-corruption campaign spearheaded by President Xi Jinping.

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