Wang Chaoyong, a Chinese private equity tycoon who founded ChinaEquity Investment, has disappeared from public view for two weeks while the company is ensnared in regulatory probes into a range of alleged misconduct, Caixin reported.
The chairman and CEO of ChinaEquity, which manages more than $1.7 billion in assets, was sought by police on November 30 in Beijing and has since lost contact, people familiar with the matter told Caixin.
Read the full report: Caixin.
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The post Private Equity Tycoon Unseen for Two Weeks – Caixin appeared first on Asia Financial.
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