China Renaissance shares extend loss after chairman goes missing

China Renaissance shares extend loss after chairman goes missing

FILE PHOTO: Fan Bao founder and CEO of China Renaissance speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photo

Shares of China Renaissance Holdings reversed early gains to fall as much as 5% on Monday, following a record low hit in the previous session that was triggered by the boutique investment bank saying it could not contact its chairman.