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Search resuls for: "Jing Yang In Hong Kong"


2 mentions found


☆ Missing Chinese Banker Fan Bao Detained as Part of Corruption Probe
  + stars: | 2023-03-01 | by ( Keith Zhai In Singapore | Jing Yang In Hong Kong | Keith Zhai | ) www.wsj.com   time to read: 1 min
Fan Bao, founder of China Renaissance Holdings, was detained last month by antigraft investigators. Chinese financier Fan Bao , who went missing last month, has been detained by authorities in mainland China in connection with a corruption investigation targeting a former senior executive at the investment bank he founded, according to people familiar with the matter. The investment bank, China Renaissance Holdings Ltd., disclosed on Feb. 16 that it had been unable to contact Mr. Bao, who serves as the bank’s chairman and chief executive. On Sunday, it said in a regulatory filing that it had since discovered Mr. Bao is aiding an investigation being carried out by authorities in China, which it didn’t name.
☆ Sequoia Pares Back China Tech Investments as U.S. National-Security Concerns Grow
  + stars: | 2023-02-24 | by ( Aruna Viswanatha In Washington | Jing Yang In Hong Kong | Berber Jin In San Francisco | ) www.wsj.com   time to read: 1 min
Sequoia Capital has started screening some investments its China arm is considering in technology companies there for U.S. national-security concerns, according to people familiar with the matter, as Washington steps up efforts to stop American money from funding China’s development of sensitive technologies. The Biden administration is expected to soon unveil investment restrictions that would prevent U.S. capital from flowing to companies and startups in China that are developing cutting-edge technologies in sectors including advanced semiconductors.
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