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Another Chinese billionaire goes missing

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The billionaire founder of Metersbonwe, one of China's best-known fashion brands, has gone missing, the latest in a series of Chinese businesspeople and financiers apparently ensnared in the country's anticorruption campaign.

The company suspended trading on Thursday as it investigated media reports that police had picked up its chairman, Zhou Chengjian.

Last year, Zhou was China's 65th richest man with a net work of over $4 billion.

Dozens of government officials, state-owned company officials and financial industry executives have also been investigated or detained in recent months.

Read more from Financial Times.

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