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Investing.com -- Top executives at China Vanke Co., a leading property developer, have announced their resignations, according to a filing with the Hong Kong stock exchange on Monday.
Chairman Yu Liang has applied to resign due to what has been described as "work adjustment reasons." Despite his resignation as chairman, Liang will continue to serve as a director of the company.
In addition to Liang, Chief Executive Officer Zhu Jiusheng is also stepping down. Jiusheng cited "health reasons" for his decision.
Unlike Liang, Jiusheng will not retain any positions within the company following his resignation.
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