China Private Equity Tycoon Unseen for Two Weeks – Caixin

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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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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