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CX Daily: Billionaire Investment Banker Bao Fan May Face Bribery Charges, Sources Say

Published: Feb. 7, 2025 10:36 a.m. GMT+8

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Exclusive: Billionaire investment banker Bao Fan may face bribery charges, sources say

Bao Fan, the billionaire founder and ex-chairman of China Renaissance Holdings Ltd., may face prosecution for suspected bribery, the latest development in a mystery that’s gripped the country’s venture capital sector since the veteran financier was taken away by authorities about two years ago, multiple sources with knowledge of the matter told Caixin.

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