Fan Bao
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Fan Bao is the founder and leader of China Renaissance, the investment bank and financial services group he built from an FA boutique into a full-service institution spanning investment banking, asset management and securities . In the mobile-internet boom years he became known as China's "new economy dealmaker-in-chief," with 暗涌Waves noting that in 2015 alone China Renaissance advised on the landmark mergers of Didi-Kuaidi, 58.com-Ganji, and Meituan-Dianping . By the time of the firm's 2018 Hong Kong IPO he had deliberately downplayed its FA origins, restructuring around investment banking, investment management and Huajing Securities in the mould of a global bulge-bracket bank .
His public profile changed abruptly in February 2023, when China Renaissance announced he had "lost contact" and was under investigation by Chinese authorities . As of August 2023 the company disclosed he was "continuing to cooperate with the investigation," with his detention extended from May 2023 . During his absence the firm appointed co-founder Xie Yijing as acting CEO and continued operating across business lines, including advising on AI-sector deals such as Zhipu AI and Baichuan Intelligent in 2023 .
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elsewhere别处发生·Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
暗涌Waves·180 Days Since Fan Bao Went Missing: One Man and the Fate of an Industry
China Renaissance's growth story is also a history of how China's new economy collided with the world.
暗涌Waves·Fan Bao's disappearance is a situation no one wanted to see.
"The Long March has only just begun."
暗涌Waves·That night belonged to Saudi Arabia, not to the Chinese funds raising capital in the Middle East.
For most Chinese funds, the Middle East remains uncharted territory.
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