China Renaissance Holdings shares fall as bank seeks to reassure over missing CEO

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Fan Bao, CEO of China Renaissance Group, an investment bank led by one of the country's most famed rainmakers, holds a news conference on its IPO in Hong Kong on Sept. 13, 2018.BOBBY YIP/Reuters The disappearance of a star Chinese dealmaker has left his bank struggling to reassure clients and staff, people with knowledge of the matter said on Monday, and has heightened concerns about "key man risk" for investors. Shares of China Renaissance Holdings fell by as much as 5 per cent on Monday, following a record low in the previous session after the investment bank said it could…

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