Yim Fung

Last updated
Yim Fung
Born
Yim Fung

1963 (age 6162)
DisappearedNovember 18, 2015
China
StatusReturned December 2015 (2015-12)
Other namesYan Feng [1]
Employer Guotai Junan Securities

Yim Fung was the joint chairman and chief executive of Guotai Junan International Holdings Limited, a subsidiary of Guotai Junan Securities, one of the largest securities brokers in China. [2] [3]

Contents

Disappearance

On November 18, 2015, it was reported that Fung had disappeared. [4] [5] Guotai Junan International's shares had fallen as much as 17% when it first announced about Yim's disappearance and it had appointed a temporary replacement. [6]

Return

Guotai Junan International issued a statement saying Yim had returned after assisting in certain investigations and "neither Yim nor the company were the subject of the investigation". [7] Yim had resumed his duties thereafter. [8] The mysterious nature of Yim's disappearance coincided with a period when the government was focusing on the financial sector in its anti-corruption crackdown. [9]

See also

References

  1. "Guotai Junan shares surge after missing chairman Yim Fung returns". South China Morning Post. 23 December 2015. Retrieved 7 August 2017.
  2. "Guotai Junan International says unable to reach CEO and Chairman Yim Fung". CNBC. 23 November 2015. Retrieved 7 August 2017.
  3. "Hong Kong brokerage chairman missing". BBC. 23 November 2015. Retrieved 7 August 2017.
  4. "Chairman at Chinese broker goes missing" . Independent. 23 November 2015. Archived from the original on 2022-05-07. Retrieved 7 August 2017.
  5. "Boss of major Chinese brokerage goes missing". Evening Standard. 23 November 2015. Retrieved 7 August 2017.
  6. "Shares in Guotai Junan International slump as chief Yim Fung goes missing". Economic Times. 23 November 2015. Retrieved 7 August 2017.[ dead link ]
  7. "Hong Kong firm says missing chairman Yim Fung back at work". BBC. 23 December 2015. Retrieved 7 August 2017.
  8. "Guotai Junan International's Yim Returns After Assisting With Probe". Forbes. 22 December 2015. Retrieved 7 August 2017.
  9. "The mystery behind China's 'missing' bosses". BBC. 11 December 2015. Retrieved 7 August 2017.