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Gone Missing: When Chinese Companies Lose Track of Their Leaders

  • Founder Securities ex-chairman said to have assisted a probe
  • China Aircraft Leasing CEO resigned during annual leave
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Guotai Junan International Says Unable to Reach CEO

In the age of email and cellphones, it ought to be unusual for companies to lose touch with their senior executives for long periods of time.

Not so in China, where Hong Kong-listed Guotai Junan International Holdings Ltd. on Monday became the latest Chinese-owned firm to announce it had been unable to contact a senior executive, triggering a sharp retreat in the share price.