Founded by Bao Fan in 2005 as a financial advisory firm, China Renaissance’s core business now consists of investment banking, investment management and wealth management.

[2] In 2018, China Renaissance was listed on the Main Board of Hong Kong Stock Exchange.

[3] In February 2023, the BBC and other sources reported that Bao had been missing for two days and they were unsure of his whereabouts.

[4][5][6] The disappearance has caused the stock of China Renaissance to drop by 50 percent,[7] though the company said in a statement that Operations would "continue normally".

[9] The company has offices in Beijing, Shanghai, Hong Kong and New York City.