The owner bought the Israeli insurance company the Phoenix Chinese holding company Fosun Th Guanchan disappeared and did not return phone calls.
This is with reference to the Chinese economic press reports Bloomberg.
CEO in response to questions from journalists stated that the company is addressing this issue.
After the publication of this information the shares of Fosun on the Hong Kong stock exchange were suspended.
«Chinese Warren Buffett» of Huancan, whose fortune is estimated at 7.3 billion dollars, was soon to visit Israel for the Israeli regulators final settlement on the purchase of «Phoenix».
Earlier the Wall Street Journal reported that Chinese authorities are investigating a suspicion according to which 12 years ago On Guanchan gave a bribe to the head of a major state-owned companies.
Respected Chinese business publication «Causin» claims that members of the conglomerate are unable to contact Th Guantanam 10 December, his whereabouts are unknown. According to some reports, look like a business man allegedly seen by the police at the Shanghai airport, writes TASS.
Controlling the insurance company «Phoenix», which was previously owned by Israeli businessman Yitzhak tshuva, the, was sold to the Chinese financial conglomerate Fosun International in June of this year. In November, the Finance Ministry of Israel has approved the deal. For registration of the transaction of Huanan was to arrive in Israel.