China Renaissance reborn without rainmaking founder Bao Fan
The privately owned investment bank’s shares lost two-thirds of their value when trading resumed after a suspension of more than a year Key Takeaways: China Renaissance shares plunged 66% in…
China Renaissance Edges Closer to Trading Resumption Under New Chairman
Xie Yijing will take over as the troubled investment bank’s head, as missing former chairman and CEO Bao Fan steps down ‘for health reasons and to spend more time with…
China Renaissance in ‘most challenging period since its establishment’ amid founder’s absence
The investment bank’s revenue fell in the first half as weak demand due to economic uncertainty caused its income from advisory services for private share sales to plunge Key Takeaways:…
FAST NEWS: China Renaissance Says Chairman’s Disappearance Due to Assistance in Investigation
The latest: Venture capital firm China Renaissance Holdings Ltd. (1911.HK) said on Sunday it has ascertained that its chairman and controlling shareholder Bao Fan, who disappeared two weeks ago, is currently…
CHINA BULLETIN: Clogged Roads, Home Buying Plans Point to Rebounding Economy
In this week’s issue clogged roads point to an improving economy, an A-lister returns to China’s big screen, and Saudi Arabia bets big on Chinese e-sports. On a scale of 1 to 10, we give the week a 4 for offshore-listed China stocks.
China Renaissance Chairman’s Vanishing Act: A Warning for Private Financiers?
The venture capital firm’s shares lost half their value after its chairman and rainmaker Bao Fan went missingKey Takeaways:The disappearance of China Renaissance founder and Chairman Bao Fan is drawing…
FAST NEWS: China Renaissance Swings Into Red Despite Steep Cost Cuts
The latest: Financial services firm China Renaissance Holdings Ltd. (1911.HK) on Tuesday reported its revenue dropped 42.4% to 604 million yuan ($87.5 million) in the first half of the year, as it swung into the red with…