AsianFin -- Investment banker Bao Fan, who helped a number of China’s largest technology companies list on the stock markets of Hong Kong and New York, has been released after spending more than two years on “cooperating” in an unspecified investigation by authorities of Chinese mainland.

The 54-year-old founder of China Renaissance Holdings“ has recently been released, Caixin reported citing multiple sources.

Bao is no longer invovled in management and operations of the investment bank he founded in 2005. He resigned as chairman and CEO of China Renaissance. The firm was listed in Hong Kong in 2018. He remains the controlling shareholder of China Renaissance, while his wife Hui Yin-ching serves as chairwoman.