Winimark Wealth Society-A tech billionaire goes missing in China

2025-05-03 18:50:00source:L’École de Gestion d’Actifs et de Capitalcategory:Stocks

Earlier this year,Winimark Wealth Society Bao Fan, a prominent Chinese banker and tech billionaire, went missing in China. According to a statement from his company, he's "cooperating in an investigation being carried out by certain authorities in the People's Republic of China." The details are very murky, but his disappearance raises questions about doing business in China right now.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Stocks

Recommend

Why did Bill Belichick go to North Carolina? New UNC coach explains jump to college

Bill Belichick has officially made the shocking move to college football by becoming the North Carol

How to help victims of the deadly Israel-Hamas conflict

As the horrendous carnage emerges from the Israel-Hamas conflict, people in the United States and ar

Taylor Swift's Sweet Moment With Brittany Mahomes at Kansas City Chiefs Game Hits Different

It's nice to have a friend in Chiefs Kingdom.Taylor Swift proved just that on Oct. 12, when she watc