Reuters
- Missing Chinese CEO Bao Fan is cooperating on a government probe, his investment bank said Sunday.
- It's the first time China Renaissance has given a reason for Bao's disappearance earlier in February.
- Shares in the firm plunged 28% after Bao dropped from sight, prompting some to call China "uninvestible."
Missing Chinese billionaire tech dealmaker Bao Fan is working with government authorities on a probe, his firm China Renaissance said Sunday.
It's the first time the leading Chinese investment bank has given a reason for Bao's disappearance, after it said on February 16 that it was unable to contact its CEO and founder.