China Financial Enterprise Huaxing Capital Announcement, Bao Fan, chairman of the company's loss of contact, is currently cooperating with the investigation by relevant Chinese agencies.
Comprehensive Reuters and online media "Hong Kong 01" reported that Huaxing Capital Sunday (February 26) said in a exchange document on a exchange that since the announcement on February 16, it has been trying to contactAnd confirm Bao Fan's situation.
Huaxing Capital wrote: "The Board has learned that Mr. Bao is currently cooperating with the investigation of relevant Chinese authorities.Cooperation, the company will cooperate with these investigations. "
Huaxing Capital issued an announcement on the evening of February 16, saying that it cannot be contacted with Bao Fan for the time being.
Bao Fan who founded Huaxing Capital had worked in Morgan Stanley and Creditses Group.In the past 20 years, China's highest -profile "rainfall" (that is, one of the characters who can bring new business opportunities and win new customers) in China.
Bloomberg quoted people familiar with the matter last week that the news of Bao Fan's loss has made some national commercial banks in China.To evaluate the risk of business exchanges with this company.
On the other hand, Caixin reported earlier that the jungle of the president of Huaxing Capital has been investigated for months.
According to the latest midterm report, as of June 2022, the investment management scale of Huaxing Capital was about 48.6 billion yuan (S $ 9.5 billion).
