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Fosun chief's disappearance stokes fear among China's CEOs

Published Thu, Dec 17, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Shanghai

THE disappearance of Fosun chief Guo Guangchang, dubbed China's Warren Buffett, has stoked fear among captains of industry who thought good behaviour and loyalty could protect them from Beijing's ever-expanding anti-graft campaign.

Mr Guo, the billionaire chairman of Fosun International which is one of China's biggest private conglomerates, disappeared from public view a week ago amid reports he had been detained by police in Shanghai.

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