Another executive has gone missing in China. This time, it's the Chairman of China's most popular fashion firm, Metersbonwe.

Zhou Chengjian, chairman of Metersbonwe and China's 62nd richest man, has been missing since Wednesda,y according to his company staff, prompting media speculation that he may be in detention and being interrogated by the police as part of the government's anti-corruption drive.

Like Us on Facebook

In a statement to the Shenzhen stock exchange where Metersbonwe is listed, staff said they has not been able to reach Zhou or the secretary of the company's board for days.

Sources privy to Zhou's disappearance said that the billionaire Chairman may have been detained by the Chinese police in connection with an insider trading case.

Zhou's disappearance came two weeks after Fosun International Trading Chairman, Guo Guangchang, China's 'Warren Buffett", disappeared only to resurface after four days. It was later revealed that he had been helping out the police in ridding the financial industry of corruption.

Guo heads one of the largest private conglomerates in China and was linked years ago to a corruption case.

Metersbonwe top level officials have announced that trading in its shares would remain suspended to protect investors' interests until Zhou resurface.

The Chinese government has stepped up its anti-corruption campaign, focusing its manhunt on the financial sector following a stock market rout that rocked global markets last summer.

Hurun, a wealth magazine publisher, estimates Zhou's net worth at $4.1 billion.

Reports indicate that Zhou started his business from scratch as a poor tailor and slowly built his Shanghai-based Metersbonwe to become one of China's largest and most popular clothing chains.

TagsMetersbowne, Chairman Zhou Chengjian, financial sector, China's anti-corruption campaign, Shenzhen Stock Exchange