This is like the ultimate 'too big to fail' situation
! China Renaissance just got caught in the Xi Jinping 'crackdown on financial malfeasance'
, and now Bao Fan's vanishing act is blowing everything wide open
. 50% plummeting shares? Unprecedented crisis? Sounds like classic red alert
to me!
The fact that auditors can't even get their work done because Bao isn't available tells you something - someone with deep pockets and influence just got 'lost'
, and now it's up to the authorities to figure out what really went down
. The whole thing reeks of a massive fishbowl-style investigation
, where everyone's watching for someone to slip up so they can swoop in with a 'solution'.
But let's not forget - Bao Fan is a well-known dealmaker who has worked with some of China's biggest tech companies
. He might be more than just a 'veteran' - he might be a key player in Xi Jinping's plans for the country's financial future
! The question on everyone's mind: what will Xi do next? Will this just be another example of the authoritarian regime's grip on the economy, or is there something more to it? 
The fact that auditors can't even get their work done because Bao isn't available tells you something - someone with deep pockets and influence just got 'lost'
But let's not forget - Bao Fan is a well-known dealmaker who has worked with some of China's biggest tech companies