There won't be anyone left running Kaisa at this rate.
Just weeks after its chairman and chief financial officer stepped down from the Hong Kong-listed property group comes the news that its chief executive Jin Zhigang has followed suit. Mr Jin is the fourth high-level executive to quit in the past six weeks.
According to a filing to the Hong Kong stock exchange on Monday morning, Mr Jin tendered his resignation which took effect from Sunday, due to his wish "to devote more time to his personal career development." He will remain as an executive director. From the statement:
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