Founder of Embattled Fanya Trading Exchange 'Missing Since October'

(Beijing) – The founder of the Fanya Metal Exchange, a troubled trading platform for nonferrous metals, has been missing for more than two months, a company under his control has told Hong Kong's stock exchange.

Shan Jiuliang, the founder of state-backed Fanya in the southwestern city of Kunming, has been unreachable since attending a board meeting on October 15, Imagi Animation Studies said in a filing to the bourse on December 17.