The billionaire founder of Metersbonwe, one of China’s best-known fashion brands, has gone missing, the latest in a series of Chinese business people and financiers apparently embroiled in the country’s anti-corruption campaign.

Metersbonwe suspended trading in its shares on the Shenzhen stock exchange yesterday while the company said it was investigating reports in the Chinese media that Zhou Chengjian, its chairman, had been picked up by police.

The company is a household name on the Chinese high street and Mr Zhou was China’s 65th-richest man last year, according to the Hurun Rich list, with a fortune of Rmb26.5bn ($4.01bn). The company said in a second statement last night that it was unable to reach Mr Zhou or the secretary of the board, Tu Ke.