Missing China bank boss is the wrong big deal

Source: reuters.com reuters.com

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HONG KONG, Feb 17 (Reuters Breakingviews) - The disappearance of Bao Fan is a chilling dampener on the reopening of the world's second largest economy. China Renaissance’s (1911.HK)revelation that it is unable to contact the man who is its founder, chairman and chief executive sent shares of the boutique investment bank crashing as much as 30% on Friday. The Hong Kong-listed business had already shrunk as its work with clients like Didi vanished with Beijing’s crackdown on the technology sector. The broader blow is to financiers waiting for new deals to offset Beijing’s common-prosperity and anti-corruption push. Bao is a...