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Chinese tech financier released after probe
The Freeman
|August 10, 2025
Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while “cooperating” with an investigation, a former colleague told AFP Saturday.
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Bao was a key player in the emergence of some of China’s biggest tech giants, supervising blockbuster IPOs and the landmark 2015 merger between ride-hailing giant Didi and its top competitor at the time, Kuaidi Dache.
He disappeared in February 2023 as authorities launched a crackdown that saw a number of prominent Chinese financiers placed under investigation.
This story is from the August 10, 2025 edition of The Freeman.
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