Fosun chief's disappearance stokes fear among China's CEOs
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore